explain the three types of flows within the international economic exchanges
Answers
1.Flow of Trade: trade in tangible goods like wheat, cotton, etc. earlier fine cotton cloth was produced in India by weavers and exported to European countries.
2.Flow of Labour: migration of people in search of employment. at the time of 19th century, a large number of Indian labourers migrated to Africa and other countries.
3.Flow of Capital: movement of capital over long distances for short-term and long-term investments.
Hope this will help you✿◕ ‿ ◕✿
Answer:-
Flow of Trade: trade in tangible goods like wheat, cotton, etc. earlier fine cotton cloth was produced in India by weavers and exported to European countries
Flow of Labour: migration of people in search of employment. at the time of 19th century, a large number of Indian labourers migrated to Africa and other countries
Flow of Capital: movement of capital over long distances for short-term and long-term investments.
hope this will help you