Question

write the impact of purchasing foreign products and your
own country made products. How does it affect our country economically if
we purchase Indian made products?
PLEASE ANSWER ACCORDING TO THE QUESTION​

Answer 1

Answer:

If a country's terms of trade improve, it means that for every unit of exports sold it can buy more units of imported goods. ... It can also have a beneficial effect on domestic cost-push inflation as an improvement indicates falling import prices relative to export prices.

Explanation:

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