CameraIcon

SearchIcon

MyQuestionIcon

3

You visited us 3 times! Enjoying our articles? Unlock Full Access!

Business Studies

WTO and Benefits

Explain how i...

Question

Explain how international trade promotes industrialisation?

Open in App

Solution

International trade promotes industrialisation because of more imports and exports of goods and services. The level of production, distribution, exchange and other related economic activities increases, increasing the number and growth of industries.

Suggest Corrections

thumbs-up

1

Similar questions

International trade promotes growth prospects for nations.

World Trade Organization promotes international business and international peace.

Explain briefly how international trade leads to misuse of natural resources.

Q. How did relocation of industry to low wage countries stimulate world trade and capital flows?
Or
Analyse the different modes of advertisement used by the producers to popularise their product and promote sale in the 19th century India.
Or
"Ties between members of households loosened in Britain in the era of industrialisation". Explain the statement.

Q. Which of the following was an agreement made for promoting international trade.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Future Growth

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

WTO and Benefits

Standard XI Business Studies

Join BYJU'S Learning Program

CrossIcon