Advertisements
Advertisements
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.
Advertisements
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?
How do nations gain from International Trade?
What is dumping?
Where are the headquarters of CIS?
Why were regional trade blocs formed?
Explain how global trade affects many aspects of life.
Give the significance of ‘stage of economic development ‘and ‘extent of foreign investments’ as bases of international trade in detail.
List the functions and criticism of the World Trade Organisation (WTO).
Name the regional trade bloc of which India is a member.
Silk route was between ______.
GATT was formed in ____________.
Which is not included in SAARC?
In which year WTO was formed?
Which association is the largest single market in the world?
India is the member of which trading block?
Which is the largest trading partner of India?
Artificial harbor of India.
Which of these trade blocs has India as an associate member?
Which new form of trade emerged due to the European Colonisation in the fifteenth century?
Trade between two countries can be useful if cost ratios of goods are:
The headquarters of WTO is at ______.
What is the main motive of OPEC countries?
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.
"Undertaking international trade is mutually beneficial to nations." Justify the statement.
