Question

Foreign trade is an important component of globalization. Explain

Answer 1

Integration of markets occurs through foreign trade , when goods from the market o one country travels to the market of another country , thus connecting them . Since earlier times foreign trades has been connecting the different countries . Early trade routes help in connecting Asia to the rest of the world . These trade routes not only facilitated movement of goods , but also movement of peoples and ideas . Later on , trading interests attracted various trading companies such as the East India company was attracted towards India ....

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