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प्रश्न
What is the classification of Foreign trade?
उत्तर
Types of Foreign Trade
- Import Trade: Import trade means buying goods from a foreign country for domestic use.
- Export Trade: Export trade means the sale of domestic goods to foreign countries.
- Entrepot Trade: Entrepot trade means importing goods from one country and exporting the same to foreign countries.
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संबंधित प्रश्न
Explain the meaning of Entrepot trade.
What is the tax or duty on imports called?
Identify the correct statement from the following:
In a closed economy, ______ is not included.
An account that records the trading of foreign assets and liabilities during the year by a country is known as ______
Exports and imports of goods and services, unilateral transactions, etc are examples of ______
Identify the correctly matched pair of Column A to that of Column B:
| Column A | Column B |
| 1. Foreign Trade | (a) Export Processing Zone |
| 2. Adverse Balance of Trade | (b) Problem of India's Foreign Trade |
| 3. Import Substitution | (c) Benefits to participating countries |
| 4. Export Promotion | (d) Scarcity of Foreign Trade |
______ are recorded as negative (debit) items.
Identify the correct sequence of alternatives given in Column B by matching them with respective Column A:
| Column A | Column B | ||
| (1) | Borrowings from IMF | (a) | Current Account |
| (2) | Import of shipping services | (b) | Invisible items |
| (3) | Export of machinery | (c) | Accommodating items |
| (4) | Foreign aid | (d) | Visible items |
Identify, which of the following indicates the adverse impact of British rule in India.
