1. (i) No country in the world is self-sufficient in all its needs. Goods produced by one country are required by the other country and vice-versa. Hence, differences in resources, needs and development among nations creates conditions for international trade between them. (ii) It helps in exchange of surplus goods with those of deficit countries through foreign trade. (iii) Foreign trade has helped India to improve its productivity of manufactured goods. (iv) International trade contributed to India's economic growth, raising income levels of people thus, increasing the foreign exchange reserves. (v) International trade helps India to import advanced technology of other countries to improve its own production.
1. (i) No country in the world is self-sufficient in all its needs. Goods produced by one country are required by the other country and vice-versa. Hence, differences in resources, needs and development among nations creates conditions for international trade between them. (ii) It helps in exchange of surplus goods with those of deficit countries through foreign trade. (iii) Foreign trade has helped India to improve its productivity of manufactured goods. (iv) International trade contributed to India's economic growth, raising income levels of people thus, increasing the foreign exchange reserves. (v) International trade helps India to import advanced technology of other countries to improve its own production -yuvika mahajan class 10 -g
1 (i) As the resources are space-bound, no country can survive without International trade. (ii) Export and import are the components of trade. (iii) The international trade helped India in increasing its productivity and improving quality of its products and then exporting the manufactured goods. (iv) International trade had also helped India to import recent technology to improve its productivity and the quality of the product. (v) Government’s policy of globalization and liberalization had helped four folds in making its place in the Global world. Rishika Kushwaha 10f-13
1. I) No country in the world is self-sufficient in all its needs. Goods produced by one country are required by the other country and vice-versa. Hence, differences in resources, needs and development among nations creates conditions for international trade between them. II) It helps in exchange of surplus goods with those of deficit countries through foreign trade. III) Foreign trade has helped India to improve its productivity of manufactured goods. IV) International trade contributed to India's economic growth, raising income levels of people thus, increasing the foreign exchange reserves. V) International trade helps India to import advanced technology of other countries to improve its own production.
2. Liberalization is the process or means of the elimination of the control of the state over economic activities. I) Since the adoption of the New Economic Strategy in 1991, there has been a drastic change in the Indian economy. II) With the arrival of liberalization, the government has regulated the private sector organizations to conduct business transactions with fewer restrictions. III) For developing countries, liberalization has opened economic borders to foreign companies and investments. IV) Earlier, investors had to encounter difficulties to enter countries with many barriers. V) These barriers included tax laws, foreign investment restrictions, accounting regulations, and legal issues. VI) The economic liberalization reduced all these obstacles and waived few restrictions over the control of the economy to the private sector.
'Power Sharing is the very spirit of democracy.' Analyse the state ment based on the concept of ' majoritarianism' that has increased the feeling of alienation among the Sri Lankan Tamils.
1. (i) No country in the world is self-sufficient in all its needs. Goods produced by one country are required by the other country and vice-versa. Hence, differences in resources, needs and development among nations creates conditions for international trade between them.
ReplyDelete(ii) It helps in exchange of surplus goods with those of deficit countries through foreign trade.
(iii) Foreign trade has helped India to improve its productivity of manufactured goods.
(iv) International trade contributed to India's economic growth, raising income levels of people thus, increasing the foreign exchange reserves.
(v) International trade helps India to import advanced technology of other countries to improve its own production.
- Jhanak Mowar
10D, 20
1. (i) No country in the world is self-sufficient in all its needs. Goods produced by one country are required by the other country and vice-versa. Hence, differences in resources, needs and development among nations creates conditions for international trade between them.
ReplyDelete(ii) It helps in exchange of surplus goods with those of deficit countries through foreign trade.
(iii) Foreign trade has helped India to improve its productivity of manufactured goods.
(iv) International trade contributed to India's economic growth, raising income levels of people thus, increasing the foreign exchange reserves.
(v) International trade helps India to import advanced technology of other countries to improve its own production
-yuvika mahajan
class 10 -g
1 (i) As the resources are space-bound, no country can survive without International trade.
ReplyDelete(ii) Export and import are the components of trade.
(iii) The international trade helped India in increasing its productivity and improving quality of its products and then exporting the manufactured goods.
(iv) International trade had also helped India to import recent technology to improve its productivity and the quality of the product.
(v) Government’s policy of globalization and liberalization had helped four folds in making its place in the Global world.
Rishika Kushwaha
10f-13
1.
ReplyDeleteI) No country in the world is self-sufficient in all its needs. Goods produced by one country are required by the other country and vice-versa. Hence, differences in resources, needs and development among nations creates conditions for international trade between them.
II) It helps in exchange of surplus goods with those of deficit countries through foreign trade.
III) Foreign trade has helped India to improve its productivity of manufactured goods.
IV) International trade contributed to India's economic growth, raising income levels of people thus, increasing the foreign exchange reserves.
V) International trade helps India to import advanced technology of other countries to improve its own production.
2.
Liberalization is the process or means of the elimination of the control of the state over economic activities.
I) Since the adoption of the New Economic Strategy in 1991, there has been a drastic change in the Indian economy.
II) With the arrival of liberalization, the government has regulated the private sector organizations to conduct business transactions with fewer restrictions.
III) For developing countries, liberalization has opened economic borders to foreign companies and investments.
IV) Earlier, investors had to encounter difficulties to enter countries with many barriers.
V) These barriers included tax laws, foreign investment restrictions, accounting regulations, and legal issues.
VI) The economic liberalization reduced all these obstacles and waived few restrictions over the control of the economy to the private sector.