Disadvantage of external trade
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Disadvantages of external trade.
(i) Impediment in the Development of Home Industries.
(ii) Economic Dependence.
(iii) Political Dependence.
(iv) Mis-utilisation of Natural Resources.
(v) Import of Harmful Goods.
(vi) Storage of goods.
(vii) Danger to International Peace.
(viii) World Wars.
(ix) Hardships in times of War
(i) Impediment in the Development of Home Industries.
(ii) Economic Dependence.
(iii) Political Dependence.
(iv) Mis-utilisation of Natural Resources.
(v) Import of Harmful Goods.
(vi) Storage of goods.
(vii) Danger to International Peace.
(viii) World Wars.
(ix) Hardships in times of War
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