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FOREIGN TRADE — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsFOREIGN TRADE2 Marks
Question
Explain any two points of difference between domestic trade and international trade.
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Answer

1. Currencies: Domestic trade involves a single currency, whereas international trade involves different foreign currencies.
2. Geographical Boundaries: Domestic trade happens within the country's borders, while international trade crosses national borders.

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