Write main characteristics of India’s foreign Trade.

1.	Write main characteristics of India’s foreign Trade.
Answer» Main characteristics of Indian Trade 1. Mostly trade through sea 2. Lack of foreign trade. 3. Reduction in per capita trade. 4. Result of trade and increase of price 5. Negative trade balance 6. Characteristics of export trade (i) Maximum of traditional articles. (ii) More export of engineering and prepared articles from industries. (iii) More customer (Buyer) of India’s exported goods (iv) Change the direction of trade 7.Characteristics of import trade- (i) Maximum of heavy machineries in trade. (ii) Increase of manufactured of articles. (iii) Reduction in food grains and raw materials

Answer»

Main characteristics of Indian Trade

1. Mostly trade through sea

2. Lack of foreign trade.

3. Reduction in per capita trade.

4. Result of trade and increase of price

5. Negative trade balance

6. Characteristics of export trade

(i) Maximum of traditional articles.

(ii) More export of engineering and prepared articles from industries.

(iii) More customer (Buyer) of India’s exported goods

(iv) Change the direction of trade

7.Characteristics of import trade-

(i) Maximum of heavy machineries in trade.

(ii) Increase of manufactured of articles.

(iii) Reduction in food grains and raw materials

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