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V) What is meant by trade? What is the difference between international and local trade?CLASS-10 (SOCIAL SCIENCE),(GEOGRAPHY) CHAPTER-7 , EXERCISE:-QUESTION-2 NUMBER 4 ​

Answer»

Answer:

Trade is the movement of goods and services between regions for ECONOMIC gain. Trade between TWO or more countries is termed as international trade, while trade OCCURRING in a region within the same COUNTRY is called LOCAL trade.



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