Question
Explain any three reasons for the sharp rise in overseas trade of India, after Independence.
Solution
The reasons:
(i) Transport: With expansions of rail, ocean and air transport, better means of refrigeration and preservation, trade has experienced spatial expansion.
(ii) Population: Standard of living of the population determines the demand for better quality imported products because with low standard of living only a few people can afford to buy costly imported goods.
(iii) Ports: The chief gateways of the world of international trade are the harbours and ports. Cargoes and travelers pass from one part of the world to another through these ports.
