Domestic and international trade by Mohd Shahnawaz

This presentation covers the difference between domestic and international trade. This is helpful for the students of international trade and import and export.

1. DOMESTIC AND
INTERNATIONAL BUSINESS
Prepared By:
Mohammad Shahnawaz
(Assistant Professor)
MBA (UGCNET-Management)
M.A. (UGCNET-Education)
Bachelor of Education (B.Ed.).

2. Domestic Business
Meaning
➢Tradewithinthegeographical
boundaryofanationiscalled
domesticbusiness.
➢Thereislessscopeofmarket
expansion.

3. ➢There is a use of local currency in
domestic business.
➢Trade barriers are not involved in
domestic business

4. ➢Social,political,legal,economic
andtechnologicalenvironment
havelessimpactondomestic
trade.
➢Tradersindomesticbusinesshave
tofollowlessruleandregulations.

5. International Business
MEANING
➢Tradebeyond thenational
territoryiscalledinternational
business.
➢Thereiscomparativelyhigher
scopeofmarketexpansion.

6. ➢There is a use of foreign currency in
international business.
➢Foreign Trade is subject to trade
barriers.
➢It is also termed as foreign business.

7. ➢MacroenvironmentlikeSocial,
political,legal,economicand
technological environment
havehugeimpacton
internationaltrade.

8. ➢International business is subject to
extensive rule and regulations.
➢International business activities are
undertaken with the prime objective of
earning profits.

9. THANK YOU