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INTERNATIONAL TRADE IS CONSIDERED AS A …

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INTERNATIONAL TRADE IS CONSIDERED AS A BAROMETER OF A COUNTRY. JUSTIFY THE STATEMENT

Posted by Prachi Mishra 3 years, 8 months ago

CBSE > Class 10 > Social Science

1 answers

Adrija Saha 3 years, 8 months ago

International trade is considered the economic barometer for a country: (i) Advancement of international trade of a country is an index to its economic prosperity. (ii) As the resources are space bound, no country can survive without international trade. Export and import are the components of trade.

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CBSE > Class 10 > Social Science