Which of the following distinguishes home trade from foreign trade?
-
A.
Payments are easily arranged -
B.
Taxies are levied -
C.
Goods have to be warehoused -
D.
Middlemen are not required
Correct Answer: Option A
Explanation
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