Foreign currency is one of the major advantage.
An advantage of international trade in context to India is increase in the collection taxes for the utilization of its government. A disadvantage, on the other hand, is that local farmers cannot compete with the lower price of agricultural goods from international trade, thus lower income for the agricultural sector.
job creation
India is important for international trade due to these reasons:Indian economy provide free tax zone for the industrialistProvide securityFully help provide to foreign investors
The international trade occurs because of a country can not produced every things and there are many things used by country but they can be poroduced in their geographicall area, that is produced in other country.To full fill the all wants an international trade occurs. For exam. in India there are no many source of oil, to full fill of his source it import oil from Arbian country it is called an international trade between India and Arbian country.
How specialization affects international trade?
An advantage of international trade in context to India is increase in the collection taxes for the utilization of its government. A disadvantage, on the other hand, is that local farmers cannot compete with the lower price of agricultural goods from international trade, thus lower income for the agricultural sector.
job creation
Rice
Because Pakistan can never do the needful.
they are risk free
disadvantage of documentary credit payment method of international trade advantage and disavantage of advance payment method of international trade advantage and disavantage of bills of collection payment method of international trade
ASSOCHAM stands for The Associated Chambers of Commerce and Industry of India. ASSOCHAM is a trade apex in India and contributes to international trade revenue and output.
India's location is favorable for international trade because of its midway position between the Far East and the Middle East with Trans-Indian Ocean routes connecting the industrially developed countries of Europe.
India is important for international trade due to these reasons:Indian economy provide free tax zone for the industrialistProvide securityFully help provide to foreign investors
The international trade occurs because of a country can not produced every things and there are many things used by country but they can be poroduced in their geographicall area, that is produced in other country.To full fill the all wants an international trade occurs. For exam. in India there are no many source of oil, to full fill of his source it import oil from Arbian country it is called an international trade between India and Arbian country.
the international trade of any nation is considered in gdp and indian economy has fallen according to this months declaration. So, it means that gdp is also not up to the mark which means the import and export of india with other nation is weakend.
Yes... please refer to this link... http://www.mmtclimited.com/grp_mtpl.html