International trade means:
Trade between two neighbours
Trade between common countries
Trade between different states with a country
Trade carried on tariff bases for personal usage
B.
Trade between common countries
Write a short note to explain the effects of the following:
The coming of rinderpest to Africa.
The death of men of working-age in Europe because of the world war.
The Great Depression on the Indian economy.
The decision of MNCs to relocate production to Asian countries.
Give two examples from history to show the impact of technology on food availability.
What is meant by the Bretton Woods Agreement?
Imagine that you are an indentured Indian labourer in the Caribbean. Drawing from the details in this chapter, write a letter to your family describing your life and feelings.
Explain the three types of movements or flows within international economic exchange. Find one example of each type of flow which involved India and Indians, and write a short account of it.
Explain the causes of Great Depression.
Explain what is referred to as the G-77 countries. In what ways can G-77 be seen as a reaction to the activities of the Bretton Woods twins?
Mock Test Series
