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Why International trade is necessary in past

Posted by Aman Yadav 4 years, 5 months ago

CBSE > Class 07 > Social Science

1 answers

Meghna Thapar 4 years, 5 months ago

Trade exists between regions because different regions have a comparative advantage in the production of some tradable commodity, or because different regions' size helps getting benefits of mass production. Trading is greatly important to the global economy. Successful trade provides for developing/emerging nations: A source of foreign currency to help a nation's balance of payments (trade surplus countries build up US$ reserves) An important way of financing imports of essential imports of capital equipment / technologies and energy supplies.

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CBSE > Class 07 > Social Science

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Posted by Account Deleted 4 months, 1 week ago

CBSE > Class 07 > Social Science

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The government initiative the reduce the inequality in our daily life work very slowly. Give reason

Posted by Vundru Deepak 4 months, 1 week ago

CBSE > Class 07 > Social Science

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Its not only the central government who initiated public health programme,but the state government also did not lag behind explain

Posted by Simran Kaur 4 months, 3 weeks ago

CBSE > Class 07 > Social Science

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Posted by Sukriti Sharma 4 months, 3 weeks ago

CBSE > Class 07 > Social Science