Question

Which one of the following terms are used to describe trade between two or more countries?

• A. Internal Trade
• B. International Trade
• C. Local Trade
• D. Domestic Trade

Hint:

International trade is vital for economic growth, as it allows countries to access resources that are not available domestically.

Answer 1

The Correct Option is B

International trade refers to the exchange of goods and services between two or more countries. It involves cross-border transactions and is regulated by international trade agreements.