0
(i) Foreign trade creates an opportunity for the produces to reach beyond the domestic markets.
(ii) Producers can sell their produce not only in markets located within the country but can also compete in markets located in other countries of the world.
(iii) For the buyers, import of goods produced in Another Country is one way of expanding the choice of goods beyond what is domestically produced.
What else can I help you with?
What is the nature of foreign trade?
Chinese against foreign trade
Which of these opened Japanese ports to foreign trade?
The Treaty of Kanagawa opened Japanese ports to foreign trade.
The foreign policy and foreign trade of the thirteen colonies was controlled by?
France
Is Foreign trade is necessary for any country to survive?
Foreign trade is not necessary for a country to survive. However, by entering into foreign trade pacts countries can have an easier time growing and thriving by gaining economical opportunities as well as obtaining products that are necessary.
Which trade barrier discourages trade by placing a tax on foreign goods?
A tariff
What is the nature of foreign trade?
Chinese against foreign trade
What is the advantages and disadvantages of foreign trade multiplier?
advantages of foreign trade multiplier
When the US buy more products than its sells from other countries what is created?
foreign trade deficit
What is function of exim policy?
EXIM, otherwise known as the Export-Import Bank of India, is the country's primary financial institution. The bank's function is to finance and facilitate foreign trade for the country.
Did Athens support or avoid foreign trade?
Did Athens support or avoid foreign trade?
Who is the Minister of Foreign Trade for Sweden?
Ewa Bjorling is the Minister of Foreign Trade for Sweden.
What can congress do through it's commerce power?
regulate foreign trade
What is the mail function of DGFT?
The Directorate General of Foreign Trade (DGFT) in India primarily facilitates and regulates foreign trade policy, promoting exports and imports. Its key functions include issuing Importer-Exporter Codes (IECs), implementing trade agreements, and providing policy guidance to enhance trade competitiveness. Additionally, DGFT oversees various schemes to support exporters and ensure compliance with trade regulations. Overall, it plays a crucial role in shaping and managing India's foreign trade landscape.
The opened Japanese ports to foreign trade?
Treaty of Kangawa opened ports to foreign trade.
When was Indian Institute of Foreign Trade created?
Indian Institute of Foreign Trade was created in 1963.
When was National Foreign Trade Council created?
National Foreign Trade Council was created in 1914.
When was Ministry of Foreign Trade - Colombia - created?
Ministry of Foreign Trade - Colombia - was created in 1991.
