Download App

FOREIGN TRADE — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsFOREIGN TRADE2 Marks
Question
Give the definition and example of internal and international trade.
✓

Answer

Trade activity carried out within the boundary of the country is called internal trade. e.g. Trade between Gujarat and Tamilnadu.
  • Trade carried out beyond the boundary of the country is called foreign trade or international trade.
  • E.g. Trade between India and America.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "2 Marks Each" from FOREIGN TRADE→FOREIGN TRADE — all question types→Economics STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

What is mobility of labour?
→
Why are state owned enterprises necessary?
→
What are the cautions to be considered while using computer technology?
→
Which are the noteworthy matters of Indian agriculture?
→
Which states in India has $10$ to $20 \%$ of its population below the poverty line?
→
How does depression become a reason for unemployment?
→
Agriculture is the backbone of the economy Explain.
→
Define government securities.
→
Government provides basic facilities like road, water, electricity, banks, insurance, sewage and many more to develop industries. By availing these basic facilities industries can save their money, time and efforts and produce and sell products faster and more efficiently.
→
Name some of the organizations and agencies who pubhsh important data on their websites used for research.
→