what are the differences between home trade and foreign trade?
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Home trade refers to the trade within the borders of the country. Foreign Trade refers to the trade between two or more countries. There is no exchange of currencies takes place in the Home trade because there is a same currency in the country. ... Foreign Trade leads to the economic interdependence between the countries.
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Global business refers to international trade whereas a global business is a company doing business across the world.
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The trade which takes place within the geographical boundaries of the country is called domestic business, whereas trade which occurs between two countries internationally, is called international business. ...
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The exchange of goods and services between countries and across borders is referred to as international trade. Domestic trade happens when this business is conducted inside of a country's borders. ... The cost of trading internationally is considerably higher than trading domestically.
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International finance is concerned with the "paper" or financial side of the global economy. Whereas international trade is the study of the flow of physical goods and services among nations, international finance is the study of the corresponding monetary flow used to pay for the physical trade.
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Domestic trade. Domestic trade, different from international trade, is the exchange of domestic goods within the boundaries of a country. ... Wholesale trade is undertaken by wholesale merchants or wholesale commission agents. Retail trade is concerned with the sale of goods in small quantities to consumers.
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In the case of domestic trade there is a fair amount of mobility of labour and capital, but the immobility of labour and, to a smaller extent, of capital is found in the case of international trade. Labour and capital are fairly mobile within the country, but they cannot freely move between two countries.
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The term used to describe trade between two or more countries is called foreign trade.
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The main difference between import and export is that the import refers to bringing goods and services from other countries to the home country while the export refers to selling goods and services from the home country to other countries.
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Stock Trading and Forex Trading Stock trading involves buying and selling shares of individual companies, whereas forex trading involves exchanging – buying and selling simultaneously – cash minted by two different countries.
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Balance of Trade vs Balance of Payments The key difference between Balance of Trade and Balance of Payments lies in the fact that balance of trade records a country's imports and exports of goods over the world while the balance of payment records all the transactions of a country's economy with other countries.
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Foreign trade provides foreign exchange that is used to remove the poverty and for other productive purposes. International trade plays an important role in increasing the production of any country. ... In countries where home market is limited it is necessary to sell product in other countries.
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Foreign direct investment is building or purchasing businesses and their associated infrastructure in a foreign country. ... Direct investment is seen as a long-term investment in the country's economy, while portfolio investment can be viewed as a short-term move to make money.
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Exports. Goods and services produced domestically but sold in other countries.
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Foreign trade provides foreign exchange that is used to remove the poverty and for other productive purposes. International trade plays an important role in increasing the production of any country. The foreign trade is remarkable factor in expanding the market and encouraging the producers.
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The trade which takes place within the geographical boundaries of the country is called domestic business, whereas trade which occurs between two countries internationally, is called international business.
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International trade plays an important role in increasing the production of any country. ... In countries where home market is limited it is necessary to sell product in other countries. Increase in investment. Foreign trade encourages the businessmen to increase the investment to produce more goods.