- International trade involves exchange of goods across the countrys boundaries where as home trade involves exchange of goods from within the boundaries of the countries.
- International trade involves importers and exporters where as home trade involves wholesalers and retailers.
- International trade involves use of foreign currency where as home trade involves use of local currency.
- The goods in international trade are subjected to customs duties where as those in home trade are subjected to excise duty.
- Foreign languages are used in international trade while a local language is used in home trade.
- Foreign trade involves use of trade restrictions which limits a countrys market share where as home trade doesnt involve such restrictions.
- Goods in international trade take long to reach the buyers due to the long distance involved while goods in home trade take a short period of time to reach because the distance involved is a bit short.
- In foreign trade, it is not easy to carry out after sales services where as in home trade, it is very easy since the sellers and the buyers are from the same country.
- Goods in international trade are stored in bonded ware houses where as those in home trade are mainly stored in wholesalers warehouses.
- Goods in international trade are exposed to a wider market where as in home trade, the local market is small.
- International trade involves preparation of many documents where as home trade involves preparation of few documents.
- The costs involved in international trade are high where as those involved in home trade are slightly low due to the short distance involved.
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