Anshika Sharma India 3k Questions 2k Answers 3 Best Answers 4k Points View Profile0 Anshika Sharma Asked: June 13, 20202020-06-13T15:19:29+05:30 2020-06-13T15:19:29+05:30In: Stocks & TradingWhat Are The Distinct Features Of International Transactions?0 What Are The Distinct Features Of International Transactions?gk ShareFacebook1 AnswerVotedOldestRecentAnshika Sharma India 3k Questions 2k Answers 3 Best Answers 4k Points View Profile Anshika Sharma Added an answer on June 13, 2020 at 3:20 pm Immobility of Factors : The degree of immobility of factors like labour and capital is generally greater between countries than within a country. Immigration laws, citizenship requirement, etc., often restrict the international mobility of labour.Heterogeneous Markets : In the international economy, world markets lack homogeneity on account of differences in language, preferences, customs, weights and measures, etc. The behaviour of international buyers in each case would, therefore, be different. For instance, the Indians have right-hand driven cars while Americans have left-hand driven cars. Hence, the markets for automobiles are effectively separated. Thus, one peculiarity of international trade is that, it involves heterogeneous national markets.Different National Groups : An obvious difference between home trade and foreign trade is that trade within a country is trade among the same group of people, whereas, trade between countries runs between differently cohered groups. The socio-economic environment differs greatly between nations, while it is more or less uniform within countries. Friedrich List, therefore, put that: “Domestic trade is among us, international trade is between us and them.”0Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppLeave an answerLeave an answerCancel reply Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.