Exercises · Q9
Q.Distinguish between Home Trade and Foreign Trade (any four points).
Maharashtra MsbshseTextbookSubjectiveImportance★★★★★est
75% · 9/12 Questions
You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.
Start your 14-day free trial to unlock the full solution →| Basis | Home (Internal) Trade | Foreign (External) Trade |
|---|---|---|
| Parties | Buyer and seller in the same country | Buyer and seller in different countries |
| Currency | Single domestic currency | Foreign exchange conversion usually needed |
| Documentation | Minimal | Extensive — licences, customs clearance, shipping documents |
| Transport | Road/rail, generally shorter distance | Sea/air, generally longer distance and transit time |
| Risk | Lower | Higher — exchange-rate, political, and transit risk |
Unlock everything free for 14 days
- Full step-by-step solutions
- Concept-first explanations
- Methods, shortcuts & mistakes
- PYQ mapping + timed mock tests
Full access for 14 days. No credit card required.