Question

explain with examples the changing nature of international trade of India in last fifteen years ​

Answer 1

Answer:

the examples that are changing the nature of the international trade of india in last fifteen years are as follows :

Over the last 15 years, the change that has occurred in India with regard to international trade has been impressive.  We have got lion share with regard to Information Technology.  We were able to increase our foreign exchange earning capacity with regard to our knowledge and our geographical position in map.  Our outsourcing earning was because of the geographical location.  Tourism, Agriculture etc., have shown very good improvement with regard to exports.

Answer 2

Answer:

There has been a change in the nature of our

international trade:

a. Since 2004-2005, the share of agriculture and allied

products, ores and minerals, chemical engineering

goods has been increasing.

b. Exchange of commodities and goods have been

superseded by the exchange of information and

knowledge.

c. India has emerged as a software giant at

international level,

d. India is earning large foreign exchange through

the export of information technology.

e. Imports: Commodities imports include petroleum

and petroleum products 41.87% and Coal, Coke

14.17%