International Trade
Distinguish between out ports and inland ports.
Out Ports |
Inland Ports |
1. Out ports are deep water ports built away from the existing inadequate actual port. 2. These serve as the parent port by receiving those ships which are unable to approach it due to their large size. 3. Classic combination, for example is Athens and its out port Piraeus in Greece. |
1. Inland ports are located away from the sea coast. They are linked with the sea through a river or a canal. 2. Such ports are accessible to flat bottom ships or barges.
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How do nations gain from international trade?
What are out ports? Define with examples.
Describe the nature of composition of internation trade.
Define barter system. Mention the difficulties with this system.
What is an international trade?
Name the five greatest trading nations.
Mention the three important aspects of international trade.
What is the balance of trade?
Describe trading blocs with examples.
Name the countries constituting OPEC.
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