write a short note on the changing nature of international trade in 15 years?
I NEED THE ANSWER IN 5 POINTS
Answers
Answer:
the changing nature of the international trade in the last fifteen years ,has been impressive.Exchange of information and knowledge has surpassed exchange of goods and commodities.
Through its advanced software knowledge and excellence in the field of information technology,India has emerged as a viable contender at the international level and is earning huge amount of foreign exchange through the same.
Tourism too has added to India's upgraded position in international trade.In 2004 there was a 23.5% increase in foreign tourist arrivals as against the number in 2003.
Thus, international trade for India has undergone a cognisable change in the past fifteen years
Explanation:
Answer
1. The changing nature of the international trade for India, in the last fifteen years, has been impressive.
2. Exchange of information and knowledge has surpassed exchange of goods and commodities.
3. Through its advanced software knowledge and excellence in the field of information technology, India has emerged as a viable contender at the international level and is earning huge amounts of foreign exchange through the same.
4. Tourism too has added to India’s upgraded position in international trade. In 2004, there was a 23.5% increase in foreign tourist arrivals as against the number in 2003.
5. Thus, international trade for India has undergone a cognisable change in the past fifteen years.
HOPE IT HELPS YOU