Question

Mention the chief features of our foreign trade.

Answer 1

The chief features of our foreign trade are as follows:

1. $90\%$ of our trade is through sea routes.
2. Five Year Plans increased our exports and imports.
3. Our imports are more than exports value.
4. The direction of our trade has undergone changes.
5. Steps are taken to increase exports value.
6. Devaluation of rupee has resulted in reduction of imports.