What was the initial form of trade in the primitive society?
The initial form of trade in primitive societies was barter system where the direct exchange of goods took place.
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.
What do you know about trade liberalisation ?
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