explain the various ways in which market of different countries can be interconnected
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Countries can be interlinked in the following ways:
a. Through trade by means of exports and imports of Goods.
b. Through the exchange of services like insurance, banking etc.
c. Through information technology, by means of internet, telecommunications.
d. By means of foreign investments, MNC;s
e. By means of global institutions like UN, IMF, World Bank.
f. By virtue of modes of transportation.
a. Through trade by means of exports and imports of Goods.
b. Through the exchange of services like insurance, banking etc.
c. Through information technology, by means of internet, telecommunications.
d. By means of foreign investments, MNC;s
e. By means of global institutions like UN, IMF, World Bank.
f. By virtue of modes of transportation.
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