Question

    Which creates an opportunity for the producers to reach beyond the domestic markets?

    A Globalisation Correct Answer Incorrect Answer
    B Liberalisation Correct Answer Incorrect Answer
    C Foreign Trade Correct Answer Incorrect Answer
    D Global Trade Correct Answer Incorrect Answer

    Solution

    Foreign Trade is the exchange of goods and services between two countries in the international market. It helps in the availability of raw material/finished product in a country that either does not have it or has it in scarcity.

    Practice Next

    Relevant for Exams:

    ×
    ×