Question

How does foregin trade lead to integration of markets across countries? Explain with an example other than thote given here ?
n.c.e.r.t class 10 chapter 4 Globalisation and The Indian Economy s.st economics​

Answer 1

Explanation:

Foreign trade has led to the integration of markets across the countries. Because of foreign trade, the producers are now able to compete and export their goods to the markets of other countries.

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Answer 2

Explanation:

Explain with an example other than those given here. Answer: Foreign trade leads to integration of markets across countries by the processes of imports and exports.. Likewise, buyers have more choice on account of imports from other countries. This is how markets are integrated through foreign trade.

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