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प्रश्न
Explain how geological structures, mineral resources and climate are the bases of international trade.
Explain how ‘difference in national resources’ act as basis of international trade.
उत्तर
The world’s national resources are unevenly distributed because of differences in their physical makeup i.e. geology, relief soil, and climate.
- Geological structure: It determines the mineral resource base and topographical differences ensure diversity of crops and animals raised. Lowlands have greater agricultural potential. Mountains attract tourists and promote tourism.
- Mineral resources: They have unevenly distributed the world over. The availability of mineral resources provides the basis for industrial development.
- Climate: It influences the type of flora and fauna that can survive in a given region. It also ensures diversity in the range of various products, e.g. wool production can take place in cold regions, bananas, rubber, and cocoa can grow in tropical regions.
संबंधित प्रश्न
What is the basic function of the World Trade Organisation?
Why is it detrimental for a nation to have negative balance of payments?
When was WTO formed?
Where are the headquarters of ASEAN?
Name the packet stations across the English Channel?
Silk route was between ______.
Slave trade was abolished in the USA in ____________.
GATT was formed in ____________.
When exports are more than imports, trade is ______.
In which of the following trade blocks, is India an associate member?
How many types of trade?
In which year WTO was formed?
Which association is the largest single market in the world?
What are the components of International trade?
Which is the largest trading partner of India?
India's balance of trade is negative due to.
Which of the following is not an item of India s export ____________.
Which of the following is not a major trading partner of India ____________.
Identify the South America county from the following options which is a part of OPEC.
Which of the following is the headquarters of WTO?
Which of the following trade policies limits. specified quantity of goods to be imported at one tariff rate.
Which of the following describes composition of trade?
The silk route had a length of ______ km connecting Rome and China.
Match the following.
| List I (Organisation) |
List II (Established) |
| A. ASEAN | 1. 1995 |
| B. WTO | 2. 1967 |
| C. NAFTA | 3. 1994 |
I. The WTO however has been criticized and opposed by those who are worried about the effects of Free trade and economic globalization.
II. Free trade does not make ordinary people‟s lives more prosperous.
Explain how, in modern times, trade is the basis of world's economic organisation and is related to the foreign policy of the nations.
