Question

How will the import of steel from india into the chinese markets lead to integration of markets for steel in two countries? Explain?

Answer 1

c. It will help in generating foreign exchange.
d. Chinese industries who have been importing steel  will have wider choice.
e. It is benefiting Indian industries as it helps in increasing their production to meet the growing demands from China.

Answer 2

HEYA MATE HERE U GO.

Steel is often called the backbone of modern industry. Tools , machinery , equipments , forms of transpoet and infrastructure need steel.If we export steel to china , it will increase foreign trade.Development in china will further benefit increase demand for steel and exports from india. steel industries will help in manufacturing of other goods which will be further create foreign exchanges , thus integrating trade between two countries.