Question

Discuss the effects of foreign trade through the example of Chinese toys in Indian market.

Answer 1

Foriegn trade has affected Indian markets badly which lead to decrease in Indian produce. Like in the case of Chinese and Indian toys Chinese toys are cheap and are of good quality but Indian toys are expensive and are not much better. The Foriegn companies sell their products at very cheap rate that's why Indian companies face loss and Foriegn companies or MNCs
get more benefits.

Answer 2

Answer:

Effects of foreign trade are as follows:Chinese have started exporting Chineseplastic toys to India. ... In the competition between Indian and Chinese toys,Chinese toys prove better. With the result, Indian toy-makers face losses, as their toys are selling less.