SIMILARITIES BETWEEN HOME TRADE AND FOREIGN TRADE:

SIMILARITIES BETWEEN HOME TRADE AND FOREIGN TRADE:

• Objective: Businessmen involved in home trade and foreign trade buy and sell goods for the same objective. That is to make a profit.
• Dependence: Both, home trade and foreign trade depend very much on aids to trade. That is there is much dependence on transport, insurance, finance, warehousing, etc,
• Specialization: Both, home trade and foreign trade depend very much on specialization, whether it is national, regional or personal.