Question

Mention the three types of flows witnin international economic exchanges during 19thcentury.

Answer 1

Explain the three types of flows' within the international economic exchanges during1815 -1914. (i) Flow of Trade : During this period trade referred largely to trade in goods such as cloth, wheat, etc. (ii) Flow of Labour: Migration of people in search of employment.Jun 26, 2016

Answer 2

(i) Flow of Trade : During this period trade referred largely to trade in goods such as cloth, wheat, etc.

(ii)Flow of Labour: Migration of people in search of employment.

(iii)Flow of Money: Movement of capital for short-term and long-term investment over long distances.