"The advancement of international trade of a country is an index of its economic development."Justify the statement.
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This statement is true because :
1)As the resources are limited no country can survive without international trade.
2)Goods or resources possessed by one country are required by other and vice -versa.this conditions create for international trade.
3)foreign trade has helped India to improve its productivity of manufactured goods. international trade contributes to India's economic growth , raising income of people.
Hope it helps to you.
samajh me aaya n
1)As the resources are limited no country can survive without international trade.
2)Goods or resources possessed by one country are required by other and vice -versa.this conditions create for international trade.
3)foreign trade has helped India to improve its productivity of manufactured goods. international trade contributes to India's economic growth , raising income of people.
Hope it helps to you.
samajh me aaya n
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