Podcast
Questions and Answers
Which of the following is a characteristic of internal trade?
Which of the following is a characteristic of internal trade?
- It involves the exchange of goods and services within a country (correct)
- It only includes the trade of services within a country
- It is limited to the exchange of goods across different countries
- It primarily focuses on import and export activities
What is the main purpose of internal trade?
What is the main purpose of internal trade?
- To ensure the efficient distribution of goods and services within a country (correct)
- To promote international trade relations
- To establish trade agreements with neighboring countries
- To regulate the import and export of goods
Which factor is not a significant influence on internal trade?
Which factor is not a significant influence on internal trade?
- International trade agreements (correct)
- Cultural preferences and traditions
- Government policies and regulations
- Geographical location and topography
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