“Advancement of international trade of a country is an index of its economic prosperity. Justify the statement with five arguments.

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Asked: 2023-05-19T11:58:28+05:30 In: Social Science
"Advancement of international trade of a country is an index of its economic prosperity. Justify the statement with five arguments.

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“Advancement of international trade of a country is an index of its economic prosperity. Justify the statement with five arguments.

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1 Answer

  2. Gandalf

    The advancement of international trade of a country is an index to its economic prosperity. It is, therefore, considered the economic barometer for a country

    International trade plays a very important role in the development and growth of the country. The coming up of MNCs give opportunities for employment in the country. Foreign trade enables a country to earn foreign exchange. With the help of foreign investment, the economy of the country becomes strong.
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