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प्रश्न
"Foreign trade has been the main channel of connecting countries for a long time." Analyse the statement.
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उत्तर
- Foreign trade creates an opportunity for the producers to reach beyond the domestic markets.
- Producers can sell their produce not only in markets located within the country but can also compete in markets located in other countries of the world.
- It contributes to enhancing the range of goods available beyond the domestic market.
- Extremely useful for extensive trade.
- Various trading firms are drawn to the trading interest.
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संबंधित प्रश्न
What is meant by trade barrier?
“Foreign trade integrates the markets in different countries”. Support the statement with arguments
"Advancement of international trade of a country is an index to its prosperity." Support the statement with suitable examples
Why did the Indian Government put barriers to foreign trade and foreign investments after independence? Analyse the reasons.
Differentiate between investment and foreign investment.
What is the meaning of 'investment'?
What was the reason for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?
How has liberalisation of trade and investment policies helped the globalisation process?
Distinguish between investment and foreign investment.
Explain any five facilities available in the special economic zones developed by the Central and State Governments to attract foreign investment.
Analyze the contribution of foreign investment in globalization.
Entry of MNCs in a domestic market may prove harmful for:
Integration of markets means:
Foreign trade results in connecting the markets or integration of markets:
Which one of the following statements best describes the meaning of 'Globalisation'?
