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Nasir Sumler

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3y ago

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Do some trade theories work better than others for different industries?

yes some international trade theories work very well than other for different industries


Do some international trade theories work better than others for different industries?

yes some international trade theories work very well than other for different industries


What is the definition for large scale industries in India?

These are industries that do a lot of trade and business in India. They may include food, manufacturing, or some other industry.


How has free trade have different impacts on developing and developed countries?

Free trade can benefit developed countries by opening up new markets for their goods and services, leading to increased exports and economic growth. However, it can also lead to job losses in certain industries that cannot compete with cheaper imports. In developing countries, free trade can provide access to new technologies and investment, but it can also disrupt local industries and lead to exploitation of workers and resources.


Why were certain trade route called the triangle trade routes?

Certain trade routes were called triangle trade routes because the route was shaped like a triangle. It was when three ports or regions would trade with each other.


Why were certain trade routes called triangle trade routes?

Certain trade routes were called triangle trade routes because the route was shaped like a triangle. It was when three ports or regions would trade with each other.


In which industries do Italy and Germany compete with each other for trade with other countries?

They compete with each other in the farming industry due to arable land.


Why were certain trade routes called triangle routes?

Certain trade routes were called triangle trade routes because the route was shaped like a triangle. It was when three ports or regions would trade with each other.


When a country sells more goods than it buys from other countries?

When a country sells more goods than it buys from other countries, it experiences a trade surplus. This means that its exports exceed its imports, which can positively impact its economy by increasing national income and potentially strengthening its currency. A trade surplus may also indicate a competitive advantage in certain industries. However, sustained surpluses can lead to trade tensions with other countries.


Industries exempt from Fair Trade Act?

What United States industries are exempt from the USA Fair Trade Act and when were the exemptions made?


Why does a country restrict her international trade?

A country may restrict international trade to protect domestic industries from foreign competition, promote local employment, and safeguard national security. Trade restrictions, such as tariffs and quotas, can also be used to address trade imbalances or respond to unfair trade practices by other nations. Additionally, governments may impose restrictions to protect public health, safety, or the environment by regulating the import of certain goods.


What are the trade routes and industries in gilgit?

gilgit is linked ith china for trade