Internal and External Trade Quiz
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Questions and Answers

Which type of trade occurs between two different countries?

  • Wholesale trade
  • Retail trade
  • Export (correct)
  • Internal trade
  • What is another term for internal trade?

  • Retail trade
  • Wholesale trade
  • Domestic trade (correct)
  • Export
  • Where does wholesale trade primarily take place?

  • Within the same country (correct)
  • Between traders of different cities
  • In global arena
  • Between two different countries
  • What does external trade refer to?

    <p>Trade between two different countries</p> Signup and view all the answers

    Where do the buyer and seller reside in international trade?

    <p>In two different countries</p> Signup and view all the answers

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