Question

Advancement of international trade of a country is an index to its economic prosperitySupport the statement with five points

Answer 1

This statement is true because
(i) as the resources are limited no country can survive without International trade.
(ii) goods or resources possessed by one country are required by other and vice-versa. These differences create conditions for international trade.

Answer 2

Answer:

"Advancement of international trade of a country is an index to its ... 1 Answer. Advancement of international trade of a country is an index to its prosperity: ... When the value of exports exceeds the value of imports, its favourable balance of trade. This shows a positive condition of the economy.