Question

"advancement of International Trade of a country is an index of its prosperity,, support this statement with 5 suitable example

Answer 1

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✨The trade between two or more countries is called as international trade.

✨It may take place through air, water or land routes.

✨It increases the expansion of trade all over the world and helps in the economic development of the country.

✨As the resources are space bound no country can survive without international trade.

✨Export and Import are the major components of this trade.

✨It helps in enhancing foreign investment and technology in a country.

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