Question

In an under-developed economy, there is ___________ participation in Foreign Trade.

• A. low
• B. high
• C. moderate
• D. nothing can be said

Answer 1

The correct option is A low

In an under-developed economy, there is low participation in Foreign Trade. Foreign trade prevails at a wider scale in developing and developed countries.Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.