Explain the scenario of trade of India with respect to the commodities exported and imported
Answers
Answered by
0
Answer:
India has trade relations with all the major trading blocks and all geographical regions of the world. Among the commodities in export.
Answered by
0
Explanation:
When the value of export exceeds the value of imports, it is called a favourable balance of trade. * If the value of imports exceeds the value of exports, it is called unfavourable balance of trade. * India has unfavourable balance of foreign trade. India's imports are higher than that of its imports.
Similar questions