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Chapter 10: Foreign Trade of India Q.2.Identify and explain the concept from the given illustration 2. Maharashtra purchased wheat from Punjab

Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board 

 

Chapter 10: Foreign Trade of India

Q.2.Identify and explain the concept from the given illustration

2. Maharashtra purchased wheat from Punjab.

Ans: - Internal Trade

Explanation:

Buying and selling of goods and services within the boundaries of a nation are referred to as ‘Internal Trade’ or ‘Domestic Trade’ or ‘Home Trade’.