Tag: characteristics, necessity, importance, advantages and disadvantages of foreign trade
Questions Related to characteristics, necessity, importance, advantages and disadvantages of foreign trade
Foreign trade involves much greater risk than home trade.
Excessive exports may exhaust the natural resources of a country in a shorter span of time.
Reliance of underdeveloped countries to the developed ones for their economic development may lead to __________.
Dollar and pound sterling are the commonly preferred currencies for international trade.
Example of external trade is _______.
Internal trade differs from external trade in which of the following ways?
The Exim Policy of 1992-97 was announced in ____________.
The International Development Association (IDA) was established in _______________.
Avon/Oriflame/Tupper ware/Amway are examples of ________.
It is difficult to obtain reliable information concerning the financial position and business standing of the foreign traders. Therefore, ____ risk is high.