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How the foreign trade is considered …

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How the foreign trade is considered the economic barometer of the country?

Posted by Tanisha Bajaj 6 years ago

CBSE > Class 10 > Social Science

3 answers

Varsha Pandian 6 years ago

Foreign trade is considered as a barometer of economic progress of the country as it indicates the share of a country in world trade. It also leads to the inflow of foreign exchange and capital investments in the country and contributes to infrastructural growth.

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Shreya S❤ シュレヤ愛ハーシット 6 years ago

Becoz it helps to know the economic well being of country

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Anish Singh 6 years ago

Because relation btwn import and export of country decides it's economic potential

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CBSE > Class 10 > Social Science