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What is the importance of trade? Give any 5 points? |
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Answer» Plz give the answer with respect to the chapter \'globalisation\'s. \tInternational trade of a country is an index to its economic prosperity.\tIt is considered the economic barometer for a country.\tAs the resources are spate bound, no country can survive without international trade.\tCountries have trade relations with the major trading blocks.\tExchange of commodities and goods have been superseded by the exchange of information and knowledge. |
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