5
QuizMultiple Choice

Study Guide and Quiz

Question 5 • GA-Introduction to Business and Technology

If your company buys supplies from a company in a different state and sells your products to people within your city, what type of trade are you participating in?

Answer
A
Importing
B
Exporting
C
Global trade
D
Domestic trade

Explanation

Trade between businesses or customers in different states is domestic trade because it takes place within the same country. Buying supplies from another state and selling products in your own city are both domestic transactions, so the correct choice is Domestic trade.

AI-written and checked against the verified answer.

Previous
Next