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Question

What does export of manufactured goods imply?

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

The correct options are
A Expansion in Trade and Commerce
C Influx of Foreign exchange
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.

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