InterviewSolution
Saved Bookmarks
| 1. |
Correct and rewrite the wrong statements:(i) India is a self-sufficient country.(ii) The place where there is excess production does not have demand for those products.(iii) International trade processes are easier than local trade. |
|
Answer» (i) India is not a self-sufficient country as it depends on other countries for crude oil, machinery, etc. (ii) The place where there is excess production more creates ‘supply’ for those products. (iii) International trade processes are relatively more difficult than local trade. |
|