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Identify and explain the concept from the given illustration: Japan sells smartphones to Myanmar.

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Question

Identify and explain the concept from the given illustration:

Japan sells smartphones to Myanmar.

Explain
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Solution

Concept: Export trade

Explanation:

It refers to the sale of goods and services from one country to another. 

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Chapter 10: Foreign Trade of India - Exercise [Page 98]

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Balbharati Economics [English] Standard 12 Maharashtra State Board
Chapter 10 Foreign Trade of India
Exercise | Q 2. (4) | Page 98

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