Question

What is international trade? Name two major item of export and two items of import to India?

Answer 1

Answer: International trade is a process where in exchange of goods and services take place in between countries and territories.  

International trade also depends upon many other factors like economy, laws, policies and currency. International organisations like World Trade Organizations have been formed by all countries together so that trade can be made in a smooth and justified way.  

Two major items that are exported from India are Textiles and Pharmaceuticals.

Two major items that are imported in India are oil and machinery.