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International Trade
Question
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Mention the two types of international trade.

Answer

The two types of international trade are:

1. Bilateral Trade : It is an exchange of commodities between two countries e.g., trade between India and U.K.

2. Multinational Trade : This is the exchange of goods and services among a number of countries.

Sponsor Area

Some More Questions From International Trade Chapter

Which one of the following is a land locked harbour?

 

Most of India’s foreign trade is carried through

Which one of the following is India's largest trading partner in 2003–04 ?

 

Mention the characteristics of the India's foreign trade.

Distinguish between a port and a harbour.

Explain the meaning of hinterland.

Name important items which India import from different countries.

Name the ports of India located on the eastcoast.

Describe the composition of export and import trade of India.

 

Write a note on the changing nature of the international trade of India.