Purchase of goods and services by one country from another country − - Economics

Purchase of goods and services by one country from another country −

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Purchase of goods and services by one country from another country − Import trade

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Foreign Trade of India

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Chapter 10: Foreign Trade of India - Give economic terms

Chapter 10 Foreign Trade of India
Give economic terms | Q 1

Explain the concept of foreign trade and its types.

State with reason whether you agree or disagree with the following statement:

Trade is an engine of growth for an economy.

State with reason whether you agree or disagree with the following statement:

During British rule, indigenous handicrafts suffered a severe blow.

Identify and explain the concept from the given illustration:

Japan sells smartphones to Myanmar.

Find the odd word

Types of foreign trade -

Assertion (A): Trade is an engine of growth for an economy.

Reasoning (R): Trade plays an important role for economic development.

Identify & explain the concept from the given illustration.

Alfonso mangoes from Maharashtra are sold in the international market.

Distinguish Between

Internal trade and Foreign trade

Explain the types of foreign trade