Choose whether the statement is true/false:

Foreign trade has helped in the integration of different countries.

see full answer

Talk to JEE/NEET 2025 Toppers - Learn What Actually Works!

Real Strategies. Real People. Real Success Stories - Just 1 call away

An Intiative by Sri Chaitanya

True

False

answer is A.

(Unlock A.I Detailed Solution for FREE)

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Detailed Solution

The above statement is true.
Foreign trade has helped in the integration of different countries.
Domestic producers who used to sell only in their domestic markets started selling their products in foreign and domestic markets with foreign trade. It has also helped in integrating customers across the world as customers were now given a chance to choose from a wide variety of options which also made them realise the possibilities of others. The competition between different countries has also increased due to foreign trade. For example, the match between the lost costly Chinese products in the Indian market is always a concern for domestic products.

Watch 3-min video & get full concept clarity

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Books for IIT JEE

Best Books for NEET

How to Join IIT after 10th