Saturday, 3 September 2016

SIMILARITIES BETWEEN HOME TRADE AND FOREIGN TRADE:




  • Objective: Businessmen involved in home trade and foreign trade buy and sell goods for the same objective. That is to make a profit.
  • Dependence: Both, home trade and foreign trade depend very much on aids to trade. That is there is much dependence on transport, insurance, finance, warehousing, etc,
  • Specialization: Both, home trade and foreign trade depend very much on specialization, whether it is national, regional or personal.

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