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What is tourism in india and how to export and import ? |
| Answer» Significance of tourism as a trade in India is stated in the points below(i) Our country earns foreign exchange through tourism.(ii) It promotes national integration.(iii) It provides support to cultural pursuits anddevelops international understanding about cultural heritageInternational trade is the measure of the health of a country’s economy and has two components. The goods purchased from other countries are called imports while the goods sold to other countries are called exports. The difference between the exports and imports of a country is called its balance of trade.When the value of the exports of a country is more than the value of its imports, the country is said to have a favourable balance of trade. When the value of the imports of a country is more than the value of its exports, the country is said to have an unfavourable balance of trade.\xa0 | |