This presentation covers the difference between domestic and international trade. This is helpful for the students of international trade and import and export.

1. DOMESTIC AND
INTERNATIONAL BUSINESS
Prepared By:
Mohammad Shahnawaz
(Assistant Professor)
MBA (UGCNET-Management)
M.A. (UGCNET-Education)
Bachelor of Education (B.Ed.).

2. Domestic Business
Meaning
➢Trade within the geographical
boundary of a nation is called
domestic business.
➢There is less scope of market
expansion.

3. ➢There is a use of local currency in
domestic business.
➢Trade barriers are not involved in
domestic business

4. ➢Social, political, legal, economic
and technological environment
have less impact on domestic
trade.
➢Traders in domestic business have
to follow less rule and regulations.

5. International Business
MEANING
➢Trade beyond the national
territory is called international
business.
➢There is comparatively higher
scope of market expansion.

6. ➢There is a use of foreign currency in
international business.
➢Foreign Trade is subject to trade
barriers.
➢It is also termed as foreign business.

7. ➢Macro environment like Social,
political, legal, economic and
technological environment
have huge impact on
international trade.

8. ➢International business is subject to
extensive rule and regulations.
➢International business activities are
undertaken with the prime objective of
earning profits.

9. THANK YOU