IJSRP, Volume 13, Issue 4, April 2023 Edition [ISSN 2250-3153]
No man can live on an Island, we can’t produce all our wants and desire which are limitless; human intention and desire are numerous one after another. The Intra - national trade taking place within the domestic territory for instance Assam trade with west Bengal, Punjab with Uttar Pradesh and Delhi the story goes by. When it comes to inter-national trade it can be classified such as Bilateral Trade, Multi-lateral trade viz. Absolute Theory of Adam Smith and Comparative theory of Ricardo, grooming up and gave us an insight of benefits and profits to both countries, but in case of Multi-Lateral Trade. Those countries getting involves are benefitted in greater dimension in the Short Run as well as in the Long Run’.