BALANCE OF PAYMENTS
Balance of payments is a statement that summarizes a country’s economic transactions with the rest of the world.
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Domestic trade refers to the exchange of goods and services within a country’s borders. In trading, domestic trade influences the performance of stocks, commodities, and currencies by impacting local economies. Traders monitor trends in domestic trade, such as import/export data and consumer spending, to assess economic conditions. Strong domestic trade often signals a healthy economy, benefiting market sentiment, while trade imbalances or disruptions can lead to negative economic outcomes and influence market volatility.