Question

Explain the types of a trade found in Nepal​

Answer 1

Answer:

There are two types of patterns of trade are as follows:

• Import trade.
• Export trade.

Explanation:

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Answer 2

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Nepal is a landlocked Least Developed Country (LDC) in Southern Asia, located between China and India. Nepal mainly exports carpets, beverage, textile, tea and plastic. Its main export partners include India, the US, Bangladesh and Germany. Nepal mainly imports fuel, apparel, gold, iron and steel, machinery and equipment. India, China, the UAE, Indonesia and Thailand are main import partners. It is a member of Bay of Bengal Initiative on Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), the South Asian Association for Regional Cooperation (SAARC) and the World Trade Organization (WTO).

Top 20 products listed in decreasing order of their export potential to the world. Development indicators are relative to the country’s current situation, green indicating performance above its trade-weighted median and red otherwise. A blank cell indicates that data are not available. A blank cell in export potential means that the product was not consistently demanded over five years by any country in the respective region. Exports (US$ thousand) correspond to average exports to the world over the period 2009-2013.

Explanation:

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