Question

Explain 03 types of flows within the international economic exchanges during 1815 to 1914

Answer 1

(i) Flow of Trade : During this period trade referred largely to trade in goods such as cloth, wheat, etc.

(ii) Flow of Labour: Migration of people in search of employment.

(iii) Flow of Money : Movement of capital for short-term and long-term investment over long distances.

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Answer 2

Explanation:

Flow of Trade : During this period trade referred largely to trade in goods such as cloth, wheat, etc. (ii) Flow of Labour: Migration of people in search of employment. (iii) Flow of Money : Movement of capital for short-term and long-term investment over long distances.