India has been a major producer of cotton and its fabric. India exports cotton fabrics and items to many other countries. Find out, how it helps us
Answers
Answer:
Explanation:
It helps us in various ways they are;
1)We export and import cotton so that we may make money.
2)The money is used for the development of the country and also used as income of a family.
3)The money keeps circulating and it becomes the main cause for the upliftment for the country.
4.if we export the items we even import and for both of the situations we get money.
5.this money is used for the development of a nation as the money is used as an income(salary)of a family.it is used for the taxes, construction of buildings etc.
6. this money keeps circulating and becomes a major cause of a healthy country.
Read more on Brainly.in - https://brainly.in/question/4177116#readmore
Answer:
It brings money into the country, enhances foreign trade , increases the foreign exchange, and tries to balance the money that goes out of the economy because of imports. It increases the country's gross domestic product( GDP) and also helps in establishing its market in the foreign countries.
i hope it helps you