Question

According to you, should Indian economy open the doors for trade with other countries or they should trade internally. Give your opinions.​

Answer 1

Answer:

I think it should open the doors to trade with other countries

Explanation:

This is simply because India's domestic trade cannot be self sufficient enough to run the economy. This is always the main reason behind bilateral or multilateral trade. Since some commodities are not available within India's borders, the country has no choice but to trade with other countries. It also leads to good relations with other countries. It is therefore true to come to a conclusion that domestic trade is not sufficient to run India's economy hence the need to trade with other countries

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