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"in modern times international trade is the basis of the world economy". Support the statement with example.

Posted by Tanisha Goyal 5 years, 8 months ago

CBSE > Class 12 > Geography

1 answers

Neha Rose 5 years, 8 months ago

In modern times International Trade is basis of world economy because advanced countries are not sufficient in all spheres of economy. Every country exports its surplus and meet requirements by importing. Economic well-being of country depends to a great extent on international trade.

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