Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> What does export of manufactured goods imply?

• A. Expansion in Trade and Commerce
• B. Losses in Trade and Commerce
• C. Influx of Foreign exchange
• D. Decrease in Foreign exchange

Answer 1

Answer: (A), (C)

Influx of Foreign exchange

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Manufactured goods are used within the country and also exported to other countries. Export of manufactured goods expands trade, commerce, and brings in foreign exchange. Manufacturing industries also help other economic activities. For example, modernisation of agriculture depends on the efficiency of the manufacturing sectors.