Why is international trade considered the economic barometers for a country ? -SST 10th

Why is international trade considered the economic barometers for a country ? -SST 10th
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An advancement of International Trade is an index of economic prosperity for a country.
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Define international trade. Why is it considered as economic barometer of a country? -SST 10th

Description : Define international trade. Why is it considered as economic barometer of a country? -SST 10th

Last Answer : When trade takes place between two countries it is known as international trade. (i) It is very important for the development of a country. Advancement of international trade of a country is ... is needed to import essential goods. It is, therefore, considered the economic barometer for a country.

Advancement of international trade of a country is an index of its economic prosperity. Justify the statement with five arguments. -SST 10th

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An analysis of the economic segment of the external environment would include all of the following EXCEPT …. A. Interest rates. B. International trade tariffs C. Strength of the U.S. dollar. D. Move toward a contingent outsourcing workforce.

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Last Answer : D. It acts as an umbrella institution that regulates the agreements concluded at the Uruguay round, the organisation’s ultimate goal being the promotion of free international trade

Advancement of international trade of a country is an index to its prosperity' Support the statement with suitable examples. -SST 10th

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Last Answer : Advancement of international trade of a country is an index to its prosperity: 1. Resources are space-bound so countries need to trade with each other to procure various resources. 2. When the value of ... for a country because it's a huge source of income as well as a sign of development.

‘‘Advancement of international trade of a country is an index to its prosperity.’’ Support the statement with suitable examples. -SST 10th

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Economic progress of a country is determined by - (1) Increase in per capita income of people of country (2) Increase in the price of produced capital goods during the year (3) Increased numbers of Trade Unions (4) Fall in the general price level of a country

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Economic progress of a country is determined by (1) Increase in per capita income of people of country (2) Increase in the price of produced capital goods during the year (3) Increased numbers of Trade Unions (4) Fall in the general price level of a country

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Why is manufacturing sector considered the backbone of economic development of the country ? Explain any 3 reasons -SST 10th

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Why is manufacturing sector considered as the backbone of economic development of the country? -SST 10th

Description : Why is manufacturing sector considered as the backbone of economic development of the country? -SST 10th

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Why Petroleum and Jewellery are both in export and import list of International Trade of India ? -SST 10th

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What is trade? Explain the importance of international trade. -SST 10th

Description : What is trade? Explain the importance of international trade. -SST 10th

Last Answer : Trade: The exchange of goods among people, states and countries is referred to as trade. Importance: . International trade of a country is an index to its economic prosperity. . It is ... blocks. . Exchange of commodities and goods have been superseded by the exchange of information and knowledge.

What is the role of WTO in international trade? -SST 10th

Description : What is the role of WTO in international trade? -SST 10th

Last Answer : . WTO's aim is to liberalise international trade. . It establishes rules regarding international trade and sees that these rules are obeyed. . 161 countries of the world are its members ... trade barriers. On the other hand, WTO rules have forced developing countries to remove trade barriers.

Dense and efficient network of transport and communication is a prerequisite for national and international trade.' -SST 10th

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Answer the following questions in about 120 words. Write a note on the changing nature of the international trade in the last fifteen years. -SST 10th

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Last Answer : International trade is defined as the exchange of goods and services between two or more nations. International trade has experienced a huge change in the past 15 years. Along with the exchange ... has trade relations with all the major trading blocs and all geographical regions of the world.

What is meant by international trade. -SST 10th

Description : What is meant by international trade. -SST 10th

Last Answer : (i) Trade between two countries is called International trade. (ii) One of the features of international trade of India is information technology.

Describe the changing nature of the international trade in the last fifteen years. -SST 10th

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Last Answer : International trade has undergone a sea change in the last fifteen years. Exchange of commodities and goods have been superseded by the exchange of information and knowledge.India has ... the international level and is earning large foreign exchange through the export of information technology.

“Dense and efficient network of transport and communication is a pre-requisite for national and international trade.” Support the statement with four arguments. -SST 10th

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Last Answer : Arguments to support this statement are: (i) Fast and efficiendy moving transport is required for traded items to reach their destinations on time, otherwise business will suffer. (ii) ... that dense and efficient network of transport is a pre-requisite for national and international trade.

Explain with examples of the changing nature of international trade of India in the last fifteen years. -SST 10th

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Last Answer : There has been a change in the nature of our international trade: (i) Since 2004-2005, the share of agriculture and allied products, ores and minerals, chemical engineering goods has been ... ) Imports: Commodities imports include petroleum and petroleum products 41.87% and Coal, Coke - 94.17%

How has international trade undergone a sea change -SST 10th

Description : How has international trade undergone a sea change -SST 10th

Last Answer : 'This answer was deleted by our moderators...

“Economists of the 19th century identify three types of movements or ‘flows’ within international economic exchanges.” Explain. -SST 10th

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Last Answer : (i) The flow of trade : The flow of trade refers largely to trade in goods. For example, wheat travelled from Russia, America and Australia to Britain. (ii) The flow of labour : This ... long distances. For example, capital flowed from financial centres such as London to other parts of the world.

What was the main aim of the post-war international economic system in the world ? -SST 10th

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Explain the three types of movements or flows within international economic exchange. -SST 10th

Description : Explain the three types of movements or flows within international economic exchange. -SST 10th

Last Answer : The three types of movements or flows within the international economic exchange are trade flows, human capital flows and capital flows or investments. These can be explained as-the trade in ... the Indian economy and people. All three flows were closely interlinked and affected peoples' lives.

Explain the three types of flows within the international economic exchanges during 1815-1914. -SST 10th

Description : Explain the three types of flows within the international economic exchanges during 1815-1914. -SST 10th

Last Answer : (i) The first is the flow of goods, e.g. cloth or wheat. After the corn laws were scrapped in Britain, it started importing food. Eastern European countries, Russia and America ... investments.By 1890 a global agricultural economy had taken shape, accompanied by complex changes in labour patterns.

What is Group-77? Why did Group 77 countries demand a New International Economic Order? -SST 10th

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Explain the three types of movement or flows within international economic exchange. -SST 10th

Description : Explain the three types of movement or flows within international economic exchange. -SST 10th

Last Answer : (i) The first movement is the flow of trade of goods. (ii) The second movement is the flow of people migrating in search of employment. (iii) The third movement is the flow of ... India: Migration of indentured labourers; trade of cotton textile. Europe: Selling of Manchester goods in India.

Explain the role of New International Economic Order (NIEO). -SST 10th

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Last Answer : The Group of 77 or G-77 demanded a New International Economic Order (NIEO). By the NIEO they meant a System that would give them: (i) Actual control over their natural resources. ... prices for their raw materials. (iv) Better access for their manufactured goods in developed countries' markets.

What is G-77? What did the G-77 countries want to gain from New International Economic Order ? Describe. -SST 10th

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Last Answer : G-77 or Group of 77 refers to the seventy-seven developing countries that did not benefit from the fast growth western economies experienced in 1950s and 1960s. So, they organized themselves ... for raw material and (iv) Better access for their manufactured goods in developed countries' markets.

What was one reason the South faced severe economic problems during the Civil War The Union blocked trade and transportation routes. Northern industries needed more cotton than the South could produce?

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Last Answer : Feel Free to Answer

Is defined as an economic and political system in which a country's trade and industry are controlled by private owners for profit rather than by the state.?

Description : Is defined as an economic and political system in which a country's trade and industry are controlled by private owners for profit rather than by the state.?

Last Answer : Feel Free to Answer

How did the change of trade affect the US economic standing?

Description : How did the change of trade affect the US economic standing?

Last Answer : Abraham Lincoln

What were the economic benefits of the triangle trade for Europeans and the colonists?

Description : What were the economic benefits of the triangle trade for Europeans and the colonists?

Last Answer : vxcbxnm,mn

People barter and trade goods. Economic decisions are based on customs. Economies are usually rural and farm-based. Which economic system is described by the list A. mixed B. market C. traditional D. command?

Description : People barter and trade goods. Economic decisions are based on customs. Economies are usually rural and farm-based. Which economic system is described by the list A. mixed B. market C. traditional D. command?

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The most important feature in the economic measures pursued by Alauddin Khilji was: A. Minting of new coins B. Foreign trade C. Market control D. None of these

Description : The most important feature in the economic measures pursued by Alauddin Khilji was: A. Minting of new coins B. Foreign trade C. Market control D. None of these

Last Answer : ANSWER: C

The most important feature in the economic measures pursued by Alauddin Khilji was: A. Foreign trade B. Market control C. Minting of new coins D. Development of agriculture

Description : The most important feature in the economic measures pursued by Alauddin Khilji was: A. Foreign trade B. Market control C. Minting of new coins D. Development of agriculture

Last Answer : ANSWER: B

The most important feature in the economic measures pursued by Alauddin Khilji was: A. Foreign trade B. Market control C. Minting of new coins D. Development of agriculture

Description : The most important feature in the economic measures pursued by Alauddin Khilji was: A. Foreign trade B. Market control C. Minting of new coins D. Development of agriculture

Last Answer : ANSWER: B

The most important feature in the economic measures pursued by Alauddin Khilji was: A. Foreign trade B. Market control C. Minting of new coins D. Development of agriculture

Description : The most important feature in the economic measures pursued by Alauddin Khilji was: A. Foreign trade B. Market control C. Minting of new coins D. Development of agriculture

Last Answer : ANSWER: B

The most important feature in the economic measures pursued by Alauddin Khilji was: A. Minting of new coins B. Foreign trade C. Market control D. None of these

Description : The most important feature in the economic measures pursued by Alauddin Khilji was: A. Minting of new coins B. Foreign trade C. Market control D. None of these

Last Answer : ANSWER: C

The most important feature in the economic measures pursued by Alauddin Khilji was: A. Foreign trade B. Market control C. Minting of new coins D. Development of agriculture

Description : The most important feature in the economic measures pursued by Alauddin Khilji was: A. Foreign trade B. Market control C. Minting of new coins D. Development of agriculture

Last Answer : ANSWER: B

The most important feature in the economic measures pursued by Alauddin Khilji was: A. Minting of new coins B. Foreign trade C. Market control D. None of these

Description : The most important feature in the economic measures pursued by Alauddin Khilji was: A. Minting of new coins B. Foreign trade C. Market control D. None of these

Last Answer : ANSWER: C