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What is international/foreign trade ? Types of Trade - Tech Inside

What is foreign trade ?
International trade/Foreign trade

Exchange of goods, service and capital between two or more independent countries for their profit are called foreign trade/international trade.
Also Read:How to become a successful business man ?
Types of Foreign Trade
Import and export trade

Their are two types of Foreign Trade
(i) Import Trade
When a country Purchased Something from another country it is called import trade.
(ii) Export Trade
When a country sold something to another country it is called export trade.

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