PAKISTAN AND INTERNATIONAL

TRADE
 BASICS
Trade is a basic economic concept involving the buying and selling of
goods and services, with compensation paid by a buyer to a seller, or
the exchange of goods or services between parties.

Trade involves the transfer of goods and services from one person or
entity to another, often in exchange for money. Economists refer to a
system or network that allows trade as a market.

Trade can be divided into following two types:

• Domestic trade
• International trade
TYPES OF TRADE
 DOMESTIC TRADE
Domestic trade or internal trade is the trade which takes
place between different regions of the same country.
Domestic trade is the trade that is conducted between
parties within the political and geographical boundaries of
a nation.
Domestic trade refers to the exchange of goods or
services within an individual country or territory. In this
type of trade scenario, the market is constrained by the
borders of that country, so that all products must be
bought and sold by people living within the domestic
market.
 INTERNATIONAL TRADE
International trade is the exchange of goods and
services between countries. Trading globally gives
consumers and countries the opportunity to be
exposed to goods and services not available in their
own countries, or more expensive domestically.
International trade is the exchange of capital, goods,
and services across international borders or
territories because there is a need or want of goods
or services. In most countries, such trade represents
a significant share of gross domestic product.