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Explain the three aspects of international …

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Explain the three aspects of international trade?

Posted by Sahil Bhatti 6 years ago

CBSE > Class 12 > Geography

1 answers

Neha Rose 5 years, 11 months ago

ASPECTS: 1.Volume of trade - actual tonnage of goods (total volume and the value of goods exchanged) 2.Composition of trade - exchange of goods and services (petroleum occupies one of the most important place in World Trade) 3.Direction of trade - increase and decrease of import and export. (currently main emphasis is laid on trade in technology)

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