Question

What is international trade? state any one feature of India international trade
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Answer 1

International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. In most countries, such trade represents a significant share of gross domestic product

Answer 2

Answer:

International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. In most countries, such trade represents a significant share of gross domestic product.

The following are the features of foreign trade: (i) Change in the composition of exports: After independence many changes took place in export trade. India exported tea, jute, cloth, iron, spices and leather before independence.

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