Question

what could be the effect of foreign trade on farmers income

Answer 1

Answer:

The effects of foreign trade on the farmer's income can be of the three types:

1. It can lead to an increase in the income of the farmer.

2. There would be a greater number of products available for participation in the Global market.

3. With the increase in the competition, the producers would be induced to produce a better quality of goods.

4. Also, it would lead to a negative effect on certain small farmers.

5. Such small farmers will not be able to withstand the increase in the competition and they will not survive in the market.

6. They will not be able to bear this loss because they do not have much savings. hence they will be caught in a vicious circle of the debt trap.

The plants that are grown with traditional seeds are chili and rice. The plants that are grown with the use of HYV seeds are maize and wheat.

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Answer 2

$\huge\star\mathbf\red{{ANSWER}}\star$

THE EFFECTS OF FOREIGN TRADE ON FARMERS :-

[tex]\green\longmapsto\:[/tex] 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 .

$\huge\mathbf\orange{{hope it help's you}}$