Question

D. Short-answer questions:
1. What was the reason for India's favourable trade?​

Answer 1

Answer:

1. The reason for India's favourable trade was India's geographical location.

2. India is favourable for international trade and commerce because it has a coast of 7,517 km.

3. India lies midway between the Far East and the Middle East.

4. India is surrounded by sea from three sides making it favourable for ocean trade.

5. The trade through sea route accounts for the most volume of goods being transported and it is the cheapest mode of transport for the large volume of goods.

Answer 2

• India has very little trade relations with its neighing countries like Nepal, Afghanistan, Myanmar, Sri Lanka, etc.

• India mainly used to export agricultural products and raw materials, like jute, cotton, tea, oilseeds, leather, food grains, cashew nuts, and mineral products.

• India used to import mostly consumption goods like medicines, electric goods, etc .

• It unveiled the changing pattern of India’s foreign trade

• India lies midway between the Far East and the Middle East

• The reason for India's favourable trade was India's geographical location.