WAEC - Commerce (2011 - No. 30)
Which of the following distinguishes home trade from foreign trade?
Payments are easily arranged
Taxies are levied
Goods have to be warehoused
Middlemen are not required
Wyjaśnienie
In a home or domestic trade, payment for goods and services are less cumbersome and easily arranged unlike foreign trade that is prone with the problem of different currencies and exchange rate