ASSIGNMENT AEC-506 By Junaid 2.docx - Assignment 1 AEC \u2013 506(Agri Business Finance B Sc(Hons Agri Economics 6th Semester Topic National And

ASSIGNMENT AEC-506 By Junaid 2.docx - Assignment 1 AEC –...

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Assignment 1 AEC – 506 (Agri. Business Finance) B. Sc. (Hons) Agri. Economics 6 th Semester Topic National And International trade Comparison NAME Junaid Ali ARID NO 17-ARID-4754 SUB TO Sir Bashir Ahmad
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Comparison Between National And International Trade The exchange of goods and services between countries and across borders is referred to as international trade. National trade happens when this business is conducted inside of a country’s borders. There are many differences in international and national trade, but the basic principles are the same. One of the main differences is cost. The cost of trading internationally is considerably higher than trading nationally. This is true for many reasons. One reason is time. The time that it takes to transport goods across oceans can cost businesses money. There can be time wasted at borders, tariffs must be paid, and customs inspections can be cumbersome. However, with today’s ocean shipping logistics and advances in ocean freight transport, many of these problems are disappearing. Modern cargo ships can carry a
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