how foreign trade and integration of markets connects two countries
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trading help countries in harnessing their relationship .. making true and nice feelings for that country and in time of emergency a country can help.
ayushmaths14:
hi
can you do it for 5 marks
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HIIIII,, HERE IS YOUR ANSWER!!!!..:>
Since historic times foreign trade had been the main channel connecting countries, e.g. silk route connects India and South Asia to markets both in the East and West.
Foreign trade creates an opportunity for the producers to reach beyond the domestic market. They can sell their produce not only in domestic market but can also compete in market of other countries.
For the buyers, import of goods produced in another country provided opportunity to extend their choice of goods what is domestically produced.
Foreign trade thus, results in connoting the markets in different country.
HOPE IT HELPS U.
Since historic times foreign trade had been the main channel connecting countries, e.g. silk route connects India and South Asia to markets both in the East and West.
Foreign trade creates an opportunity for the producers to reach beyond the domestic market. They can sell their produce not only in domestic market but can also compete in market of other countries.
For the buyers, import of goods produced in another country provided opportunity to extend their choice of goods what is domestically produced.
Foreign trade thus, results in connoting the markets in different country.
HOPE IT HELPS U.
did you get this answer from all in one book?
yes
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