Question

What are the effects of foreign trade

Answer 1

1)Foreign trade has integrated markets across the world.

2)Due to increased competition the price of essential commodities has decreased.

3)Consumers enjoy better standards of living.

Answer 2

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THE EFFECTS OF FOREIGN TRADE ON FARMERS :-

$\green\longmapsto\:$ it affects the agrjcultural production.

$\pink\longmapsto\:$ it also affects indian markets .

$\orange\longmapsto\:$ it also tough competition.

$\blue\longmapsto\:$ indian farmers can't compete with foreign trade.

$\red\longmapsto\:$ standard of living and livelihood farmers affects badly .

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