Advertisements
Advertisements
प्रश्न
Attempt the following.
What is the meaning of export trade?
उत्तर
Trade is divided into two parts.
(a) Home trade and
(b) Foreign trade.
Home trade is a trade conducted within the country whereas foreign trade is trade with other countries. When the goods are purchased from and sold to other countries it is included in foreign trade.
Foreign trade is divided into three parts.
(a) Import trade,
(b) Export trade and
(c) Entrepot trade.
In case of export trade goods are sold to other countries e.g. A garment trader from India selling his garments to England Will be included in export trade.
Export trade plays an important role in the economy of any country, it helps a country to get valuable foreign exchange for the country, it also helps to enhance the reputation of the country in the foreign market.
APPEARS IN
संबंधित प्रश्न
Match the pairs:
| Group ‘ A’ | Group ‘ B’ |
| A) Helping disabled person | 1) Social objective |
| 2) Genetic Industry | 2) Foreign Trade |
| C) Local currency | 3) Sericulture |
| D) Solve social problems | 4) Non-economic activity |
| 5) Internal Trade | |
| 6) Mining | |
| 7) Profit | |
| 8) Economic activity |
Correct the underlined word and rewrite the sentence.
Barter exchange is an exchange with money
Correct the underlined word and rewrite the sentence.
Commerce represents supply side of market.
Explain the following term/concept.
Business
Study the following case/situation and express your opinion.
Jaysukh oil mills produce refined oil. The entire production is purchased by Rupesh Oil Depot, Who in turn sells it to various retailers. Mrs. Prachi purchased 2kg oil from Balaji Groceries. Identify:
- Wholesaler
- Retailer
- Consumer
Study the follow ing case/situation and express your opinion.
Mr. Pranav is a tin manufacturer in India. Mr. Jack of England sells goods to M/s Frank Corporation in North America and Mr. Williams of USA buys various goods from Brazil.
- Who is the importer?
- Who is the manufacturer?
- Who is the exporter?
Distinguish between:
Business and Commerce.
Answer in brief.
State any four features of business.
Attempt the following.
What do you mean by commerce?
Attempt the following.
Define business. Explain its features.
