Question

How has foreign trade been integrating markets of different countries? Explain with examples

Answer 1

Answer:

Explanation:

use this it is from

the 10th standard syllabus

Answer 2

Foreign trade is integrating markets of different countries in the following ways -

• The foreign trade is performed by the traders of different countries among themselves.

• So transaction of finance is observed from one country to another country.

• Due to this international chain of money transaction we can easily say that the markets of different countries are getting integrated with each other.

• For example,the Chinese electronics are now occupying a great portion in the Indian market and similarly Indian textile goods are occupying markets of different other countries.