Buying and selling of goods and services within a country is…

Source: JAMB · 2023

Buying and selling of goods and services within a country is termed as

  1. international trade
  2. internal trade ✓
  3. barter
  4. foreign trade
Explanation

Internal trade, also called home trade, is the buying and selling of goods and services inside one country. For example, a trader in Kano selling onions to a buyer in Lagos.

International or foreign trade crosses national borders. Barter is the swapping of goods without money.

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