Question

Foreign trade and interaction of markets

Answer 1

1) Foreign trade provides an opportunity to industries to reach beyond the market of their own countries.

2) There is competition among producers world wide to expand production and sell goods in the foreign markets.

3) For ex. chinese and indian manufacturers sell bulbs. Many shops have replaced indian light bulbs with chinese bulbs. This provides an opportunity to chinese manufacturers to expand production.

Answer 2

Bhai jagran Josh Ka expected paper HAI na