Difference b/w Domestic and International trade

1. Mobility in Factor Of Production

· Domestic Trade: Free to move around factors of production like land, labor, capital and labor capital and entrepreneurship from one state to another within the same country

· International Trade: Quite restricted

2. Movement Of Goods

· Domestic trade: easier to move goods without much restrictions. Maybe need to pay sales tax,etc

· International Trade: Restricted due to complicated custom procedures and trade barriers like tariff, quotas or embargo

3. Usage of different currencies

· Domestic trade: same type of currency used

· International trade: different countries used different currencies

4. Broader markets

· Domestic trade: limited market due to limits in population, etc

· International trade: Broader markets

5. Language And Cultural Barriers

· Domestic trade: speak same language and practice same culture

· International trade: Communication challenges due to language and cultural barriers

Moon studies enabled by Chandrayaan-1

Sapna Ranka
Mumbai: The recently called off mission Chandrayaan-1, has last but not the least enabled scientists to study the interaction between the solar wind and a planetary body like moon without a magnetic field.

ISRO stated that the 11 payloads help meet their mission of studying the moon from various perspectives. The results are currently being reviewed by a peer committee.

The payload in question is a joint one of Sweden and India — Sub KeV Atom Reflecting Analyser (SARA) which covered the entire lunar surface several times.

Scientists from ISRO, National Aeronautics and Space Administration (NASA), USA, and European Space Agency (ESA) had a meeting for 2 days and reviewed the data sets obtained from the 11 payloads (scientificinstruments) on board the lunar craft.

Among those, four instruments — Terrain Mapping Camera (TMC), Moon Mineralogy Mapper (M3), Hyperspectral Imager (HySI) and Smart near Infrared Spectrometer (SIR-2) — have provided extensive data on moon’s topography, mineralogy and chemistry.