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What is meant by internal trade? |
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Answer» Internal Trade When buying and selling of goods and services takes place within the geographical limits of a country. It is known as internal trade. The main features of internal trade are (i) The buying and selling of goods and services takes place within a country. (ii) The payment are made and received in the home country only. (iii) There are no or very few formalities to be completed by the traders. |
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