In 2016, 42.4% portion of the total U.S. goods trade was made up of intercompany transactions.
What are intercompany transactions?
A transaction between two parts of an organization is referred to as an intercompany transaction. You can track and reconcile information about intercompany transactions between accounts and custom dimensions thanks to financial management. These are some examples of frequent intercompany transaction types: Sales and purchases between companies.
What is defined as trading?
The exchange of commodities or services voluntarily between members of the economy is referred to as a trade. Trade is typically seen as advantageous to both parties because transactions are voluntary. The buying and selling of securities or other assets are referred to as trading in the financial industry.
Learn more about trading: https://brainly.com/question/8322028
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