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  • 2 answers

Yogita Ingle 5 years, 8 months 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 5 years, 8 months ago

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

Khushi Gupta 5 years, 8 months ago

Apmedia

Andro Tech Gamer 5 years, 8 months ago

But commerce baba also received accounts

Mihika Singh 5 years, 8 months ago

Account's dekho phle ?

Rahul Singh 5 years, 8 months ago

Mind on economic tips

Ařțhîä.. Čřìśtaín ?? 5 years, 8 months ago

Jolly coaching

Andro Tech Gamer 5 years, 8 months ago

Economics study centre, commerce baba by ashish chaudhary

Khushi Varshney 5 years, 8 months ago

abhi to accounts ka h
  • 2 answers

Aleena Mariam John 5 years, 8 months ago

I hadnt seen the ncert text for macro economics yet we have been thaught from swaraswathi publication text book

Ařțhîä.. Čřìśtaín ?? 5 years, 8 months ago

Yes
  • 2 answers

Khushi Gupta 5 years, 8 months ago

Yes what's trouble

Ařțhîä.. Čřìśtaín ?? 5 years, 8 months ago

Yes ask what is your question??
  • 4 answers

Khushi Gupta 5 years, 8 months ago

No

Himanshi Kumari 5 years, 8 months 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 5 years, 8 months ago

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

Srishti Jain 5 years, 8 months ago

No
  • 4 answers

Khushi Gupta 5 years, 8 months ago

Gdp=52000=gnp

Geetam Kabra 5 years, 8 months ago

Can you please show the calculation of GNP

Devansh Dhiman 5 years, 8 months ago

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

Geetam Kabra 5 years, 8 months ago

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

Khushi Gupta 5 years, 8 months ago

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

Gaurav Seth 5 years, 8 months 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 ?? 5 years, 8 months 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 5 years, 8 months ago

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

Rahul Singh 5 years, 8 months ago

All chapter are most important

Ařțhîä.. Čřìśtaín ?? 5 years, 8 months ago

Government budgets

Ankit Ramola 5 years, 8 months ago

Income and employment portion
  • 1 answers

Krishna Gupta 5 years, 8 months ago

Nope
  • 1 answers

Sonu Siwach 5 years, 8 months ago

2012-2017
  • 2 answers

Anil Kumar 5 years, 8 months ago

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

Sumit Singh 5 years, 9 months ago

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

Khushi Gupta 5 years, 8 months ago

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

Jedidiah Asriel 5 years, 8 months ago

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

Prince Sahu 5 years, 9 months ago

Bhai solution

Abrar Qureshi 5 years, 9 months ago

C=C`+MPC*Y
  • 1 answers

Prisha B 5 years, 9 months ago

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

Reyansh Sharma 5 years, 9 months 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 5 years, 9 months ago

Same here☺️
  • 1 answers

Kiran Srivastava 5 years, 9 months ago

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

Gursimran Saini 5 years, 8 months 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 ?? 5 years, 8 months 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 5 years, 9 months ago

Employment growth informalisation and other issues

Sakshay Aggarwal 5 years, 9 months ago

Explain in right way

Sakshay Aggarwal 5 years, 9 months ago

What do you want?
  • 3 answers

Lovely Dhawan 5 years, 8 months 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 5 years, 8 months 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 5 years, 9 months 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 5 years, 9 months ago

Numerically money multiplier =(1/LRR)

Harshit Mishra 5 years, 9 months ago

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

Reyansh Sharma 5 years, 9 months 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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