"The advancement of international trade of a country is an index of its economic development". Justify the statement??
Answers
Answer:
ment of international trade of a country is at index of economic development because if given to international trade then only we will get economic value like commissioner you also and other for example Japan and USA are the commercial international trade of a country and index of its economic development because there are so many things that should they are the advancement of international trade of a country and index of economic development in India it's not in developed country and its index index of economic development is also not there but in some countries like Japan and USA have their economicvalue also and commercial value also that's why they are known as the advancement of a tuition international trade off of country and index of its economic development this statement is fully correct
Answer:
Hey mate here is your answer :
The advancement of international trade of a country is an index to its economic development because :
1.) More new MNCs are setup in the country which eventually leads to the development.
2.) It brings revenue that helps the country to develop at the fullest.
3.) International trade brings in the much needed foreign exchange.
4.) Thus the advancement of international trade of a country is an index of its development because it tells how much companies are there in a country.
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