Question

Define composition of trade

Answer 1

Answer:

Composition of trade

Explanation:

Composition of trade means a study of the goods and services of imports and exports of a country. ... In other words, it tells about the commodities of imports and the commodities of exports of a country.

Answer 2

Answer:

mark me a brainiest

Explanation:

Composition of trade means a study of the goods and services of imports and exports of a country.

In Indian context, the precious gems, gold and crude oil comprises the majority of imports of the country and jewelry, fabric, crude iron and food crops comprises the majority export of the country.

In other words, it tells about the commodities of imports and the commodities of exports of a country. Therefore it indicates the structure and level of economic development of a country.