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Question
Assertion and reasoning question:
- Assertion (A): International trade leads to the division of labour and specialization.
- Reasoning (R): India's national trade is not increasing.
Options
Assertion (A) is true but Reasoning (R) is false.
Assertion (A) is false but Reasoning (R) is true.
Both statements A and R are true and R is the correct explanation of A.
Both statements A and R are true and R is not the correct explanation of A.
MCQ
Solution
Assertion (A) is true but Reasoning (R) is false.
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RELATED QUESTIONS
Choose the correct option:
The role of foreign trade is:
- To earn foreign exchange
- To encourage investment
- Lead to the division of labour
- Bring change in the composition of exports
State with reason whether you agree or disagree with the following statement:
Foreign trade leads to division of labour and specialization at world level.
Explain the meaning of foreign trade.
