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GCE Commerce 1989 Question 46

Question 46

Introduction to Commerce

Buying and selling of goods and services within the geographical areas of a country is called

  1. A.entrepot trade
  2. B.external trade
  3. C.domestic trade
  4. D.regional trade
  5. E.import trade
Show the answer and explanation

Answer: C (domestic trade)

Explanation

Domestic (home) trade takes place within one country's borders.