3. Domestic Trade
• “Domestic trade means,
performing business
transactions within the
borders of a nation”
• It is also known as internal
trade or home trade
4. Introduction of
International Trade
• International trade is the
exchange of goods and services
between countries
• A product that is sold to the
global market is an export, and a
product that is bought from the
global market is an import
• International Trade is
considered as the ”Engine of
Growth”
8. Involves a lot things like:
• JOBS
•
• Consumption
• Fashion
•
• Natural Resources
9. Ctd.
• As a result of international trade, the market contains
greater competition and therefore more competitive
prices, which brings a cheaper product home to the
consumer
13. Risk in International
Trade
Misunderstanding
the local legal
framework
Not communicating
effectively with
your business
partners
Not spend enough
time with your
potential business
partners
Unstable profits