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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What is import trade?

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Question

What is import trade?

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Solution

Import trade means buying goods from a foreign country for domestic use. Example. India imports petroleum products from Gulf Countries.

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Chapter 22: Types of Trade - Exercises [Page 221]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 22 Types of Trade
Exercises | Q II. 7. | Page 221
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