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- Differentiate between domestic and international business?

- Differentiate between domestic and international business?

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Answer #1

Domestic business refers to trade between the regions within the country .Internation business is trade between two nations .

Fundamental differences

(1) Factor Immobility in international business.

(2) Differences in natural resources of different countries.

(3) Geographical and climatic Differences between the countries.

(4) Different language ,usage, habits ,taste between the countries .

(5) Different currencies .

(6) Transportation cost .

(7) Different political interest and national policies .

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