Question

International trade is considered as the economic barometer for a country. Why is it called so?

Choose the correct option from the following.

(A )Advancement of international trade of a country is an index to its economic prosperity.

(B) The more a country trade the more it gain.

(C) The value of export make a country prosperous.

(D) The value of import make a country very prosperous.​

Answer 1

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Explanation:

Answer 2

Explanation:

Answer. When trade takes place between two countries it is known as international trade. ... (iii) It enables a country to earn foreign exchange which is needed to import essential goods. It is, therefore, considered the economic barometer for a country.