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  • 2 answers

Yogita Ingle 6 years, 1 month ago

Foreign trade means the exchange of goods and services between two or more countries/borders or territories. From the time of Independence India has been one of the important trading countries, exporting primary items like cotton, raw silk, sugar, wool, jute, and indigo, etc. And importer of finished consumer goods like woolen clothes, cotton, silk, and capital goods like light machinery manufactured in Britain.

During this period, Britain held the monopoly of over India’s imports and exports. Therefore, most of the foreign trade was restricted only to Britain and other was while the rest half was allowed to trade with other countries like Ceylon (Sri Lanka), China, and Persia (Iran).

India was a large exporter in the colonial period, however, it did not affect the country’s economy. Commodities like food grains, clothes, kerosene hit the country hard with its scarcity.  

Andro Tech Gamer 6 years, 1 month ago

Exchange of goods and services from rest of the world is known as foreign trade
  • 7 answers

Khushi Gupta 6 years ago

Apmedia

Andro Tech Gamer 6 years, 1 month ago

But commerce baba also received accounts

Mihika Singh 6 years, 1 month ago

Account's dekho phle ?

Rahul Singh 6 years, 1 month ago

Mind on economic tips

Ařțhîä.. Čřìśtaín ?? 6 years, 1 month ago

Jolly coaching

Andro Tech Gamer 6 years, 1 month ago

Economics study centre, commerce baba by ashish chaudhary

Khushi Varshney 6 years, 1 month ago

abhi to accounts ka h
  • 2 answers
I hadnt seen the ncert text for macro economics yet we have been thaught from swaraswathi publication text book

Ařțhîä.. Čřìśtaín ?? 6 years, 1 month ago

Yes
  • 2 answers

Khushi Gupta 6 years ago

Yes what's trouble

Ařțhîä.. Čřìśtaín ?? 6 years, 1 month ago

Yes ask what is your question??
  • 4 answers

Khushi Gupta 6 years ago

No

Himanshi Kumari 6 years, 1 month ago

No , export will not be added as it is already included in sales but if domestic sales are given u should add it to sales ?...

Devansh Dhiman 6 years, 1 month ago

Only sales than ... it will not be added... but sale in domestic than export is added...

Srishti Jain 6 years, 1 month ago

No
  • 4 answers

Khushi Gupta 6 years ago

Gdp=52000=gnp

Geetam Kabra 6 years, 1 month ago

Can you please show the calculation of GNP

Devansh Dhiman 6 years, 1 month ago

GDP = 52000.....& GNP = 50000

Geetam Kabra 6 years, 1 month ago

Please answer this fast...with complete calculation
  • 2 answers

Khushi Gupta 6 years ago

Bcz producer goods are of two types: 1. Single use producer goods 2. Capital goods

Gaurav Seth 6 years, 1 month ago

Yes, I agree that all producer goods are not capital goods, because producer goods includes:
(i) Goods which are used as raw material like wood, used to make furniture.
(ii) Goods which are used as fixed assets like plant and machinery.
Capital goods include only fixed assets of the producers. These are durable goods. On the other hand, goods used as raw material are not capital goods as these are not repeatedly used in the process of production. Thus, all producers goods are not capital goods.

  • 1 answers

Ařțhîä.. Čřìśtaín ?? 6 years, 1 month ago

1. The study or principal of the way money , business and industry are organized. 2. Economics related to earn money. & 3. Economics is the science of scarcity.
  • 4 answers

Andro Tech Gamer 6 years, 1 month ago

I know it but most weightage of chapter i.e.national income like this

Rahul Singh 6 years, 1 month ago

All chapter are most important

Ařțhîä.. Čřìśtaín ?? 6 years, 1 month ago

Government budgets

Ankit Ramola 6 years, 1 month ago

Income and employment portion
  • 1 answers

Krishna Gupta 6 years, 1 month ago

Nope
  • 1 answers

Sonu Siwach 6 years, 1 month ago

2012-2017
  • 2 answers

Anil Kumar 6 years, 1 month ago

it means when the ruling country treat another country as its colony to feed its own economy

Sumit Singh 6 years, 1 month ago

Colonial rule means by the period which when Britain rule to india
  • 4 answers

Khushi Gupta 6 years ago

This is not possible bcz mpc become 1.5 Which make mps negative (-0.5)

Jedidiah Asriel 6 years, 1 month ago

This question is not possible as the Consumption Expenditure CANNOT be greater than Income. Hence, any answer derived would be wrong.

Prince Sahu 6 years, 1 month ago

Bhai solution

Abrar Qureshi 6 years, 1 month ago

C=C`+MPC*Y
  • 1 answers

Prisha B 6 years, 1 month ago

Chalk and duster are intermediate good because it is used for producing service as these are used in teaching
  • 1 answers

Reyansh Sharma 6 years, 1 month ago

normative economics is based on value judgments. Normative economics expresses ideological judgments about what may result in economic activity if public policy changes are made.
  • 1 answers

Reyansh Sharma 6 years, 1 month ago

Same here☺️
  • 1 answers

Kiran Srivastava 6 years, 1 month ago

the benefit gained from consuming one addtional unit of a product or services.
  • 2 answers

Gursimran Saini 6 years ago

Inflation refers to a situation when there is excess demand over supply or AD > AS or there is rise in price due to excess of AD How inflation happens :- Increase in govt expenditure Decrease in bank rate Steps to control inflation:- reduce govt expenditure Increase in bank rate

Ařțhîä.. Čřìśtaín ?? 6 years, 1 month ago

Inflation is a situation of rising prices in the economy . A more exact definition of inflation is sustained increases in the general price level in an economy
  • 3 answers

Ritika Mehra 6 years, 1 month ago

Employment growth informalisation and other issues

Sakshay Aggarwal 6 years, 1 month ago

Explain in right way

Sakshay Aggarwal 6 years, 1 month ago

What do you want?
  • 3 answers

Lovely Dhawan 6 years ago

In the market economies resources are allocated to the production of such goods n services which the consumers eish to buy.goods commanding higher price attracts higher allocation of resources but this process of resource allocation allows maximisation of profit but it fails to achieve the maximization of social welfare

Gursimran Saini 6 years ago

Allocation of resources - The govt should allocate resources via market mechanism.govt should put or levy higher tax on harmful products such as liquor, cigaratte, drugs etc.and provide incentives and subsidies to useful masses such as education,health etc. Govt should also focus on projects or products which were ignored by private sector

Abrar Qureshi 6 years, 1 month ago

In market economy, good commanding higher price attract higher allocation of resources. This process of resources allocation allow the maximisation of profit but it fail to achieve maximisation of social welfare.
  • 3 answers

Aaina Gupta 6 years, 1 month ago

Numerically money multiplier =(1/LRR)

Harshit Mishra 6 years, 1 month ago

It is the process in which money multiply many a times initial deposit

Reyansh Sharma 6 years, 1 month ago

The money multiplier is the amount of money that banks generate with each dollar of reserves. Reserves is the amount of deposits that the Federal Reserve requires banks to hold and not lend. Banking reserves is the ratio of reserves to the total amount of deposits.

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