Question

What were the three types of movement with in international economic exchange?

Answer 1

Flow of Trade: trade in tangible goods like wheat, cotton, etc. earlier fine cotton cloth was produced in India by weavers and exported to European countries

Flow of Labour: migration of people in search of employment. at the time of 19th century, a large number of Indian labourers migrated to Africa and other countries

Flow of Capital: movement of capital over long distances for short-term and long-term investments.

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Answer 2

Explanation:

The three types of movements or flows within the international economic exchange are trade flows, human capital flows and capital flows or investments.