Unit 12

Questions

1. Define foreign Trade.
2. Explain Role of foreign trade in economic development.
3. Explain Recent changes in India's foreign trade trend.
4. Explain direction of foreign trade.
5. Explain Balance of trade.
6. Explain concept of import.
7. Explain concept of export.
8. Write a note on import substitution.
9. Write a note on Market expansion.
10. Write a note on importance of foreign trade n economy.