Why did classical economists consider trade as the ‘engine of growth’? What is the
counter-view projected to this? Discuss
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1. As we know that trade is the main medium of relation of country by different aspects as well as it provide continuous development to the country.
2. Trade provide exchange of products between two sellers by which a country can easily lead to development.
3. In other context we can also say that it also act as a medium of transport of language , education and culture which is the main theme of country's proper development.
By all these points we can say that trade act as a ' engine of growth ' for the country.
2. Trade provide exchange of products between two sellers by which a country can easily lead to development.
3. In other context we can also say that it also act as a medium of transport of language , education and culture which is the main theme of country's proper development.
By all these points we can say that trade act as a ' engine of growth ' for the country.
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