The document discusses the differences between internal and international trade. Internal trade is trade that takes place within the borders of a single country, such as trade between states like Gujarat and Maharashtra in India. International trade occurs between two or more countries, like trade between India and Germany. The key differences that determine if trade is internal or international are the borders of the country and whether the trading partners are within the same country or in different countries.

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2. SUBMITTED BY:
1. PRIYA (177)
MAMTA(46)
HIMMAT
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3. INTERNATIONAL TRADE
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4. INTERNAL TRADE
 If such an exchange or trade takes
place amongst of the same country
it is known as internal trade.
Example: Trade between Gujarat and Maharashtra.
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5. Example: Trade between India and Germany
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6. Trade can be divided in two part
Trade
Border of
the country
State
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7. Example of the Border Of the Country:
In 1947 trade between sindh as and
Punjab known as internal trade. But
now a days it is known as international
trade after divination of India.
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8. Example of State:-
Goa was capital of Portugal than the
trade between Goa and Maharashtra
was known as international trade but
know a days it is knows as internal
trade because Goa is under control of
Indian government.
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9. Merits Of International Trade are:-
Free and Multilateral Trade
Perfect Competition
Possibilities Of Economies of scale
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10. Demerits of International Trade are:-
Dependence
Instability
Inconsistent with Economic Planning
Blow to infant Industry
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11. Differences in
factor mobility
Differences in
currency
systems
Separate market
Sense of
nationalism
Different between internal and
international trade
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