Question

explain the benefits of foreign trade citing Chinese toys in India As an example​

Answer 1

Answer:

Dual citizens enjoy certain benefits, such as the ability to live and work freely in two countries, own property in both, and travel between the countries with relative ease.

Answer 2

The benefits of foreign trade citing Chinese toys in India

• Chinese toys are cheap and of good quality as an instance of Chinese and Indian toys but Indian toys are expensive and not much better. Foreign firms sell their products at very cheap rates which is why Indian firms face loss and foreign firms or MNC's get more advantages.
• International trade is a key economic factor and has played a major role in China's development. Goldman Sachs' predictions will only be realized if, over time, international commerce continues to play its role in the development of the Chinese economy.
• China had some trade ties with the capitalist countries but it was the first time they opened upon such a large scale to the capitalist economy. So the 'open door' approach applies to China's set of policies for improving and extending the economic relationship with the capitalist world economy.

Learn more about foreign trade

Wealth acquired by the foreign trade brought prosperity to sometowns but earned hostility and jealously of other rules or invaders. Find out and answer as to how wealth generates jealously.

https://brainly.in/question/2013392

Mention any five features of foreign trade...

https://brainly.in/question/7373542