Features of internal business ?
The following are the features of Internal Trade
i. Trade within boundaries- The basic characteristic of internal trade is that the movement of goods is done only within the national boundaries of a country and not outside them.
ii. Currency transactions- All the trade transactions including the payment made and the payment received are done in national currency.
iii. Transportation used- Various modes of transports such as railways, airways, shipment and many more, are used for the smooth movement of goods from a place to another.
i. Trade within boundaries- The basic characteristic of internal trade is that the movement of goods is done only within the national boundaries of a country and not outside them.
ii. Currency transactions- All the trade transactions including the payment made and the payment received are done in national currency.
iii. Transportation used- Various modes of transports such as railways, airways, shipment and many more, are used for the smooth movement of goods from a place to another.