Is it true that international trade is called the lifelines of a nation and its economy?

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True

False

answer is B.

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Detailed Solution

The above statement is false.
Transport services are essential for the movement of people, food supply, trade and commerce, supply of essentials like milk, vegetables, and the overall economic development of the country. The various modes of transport include roads, rails, airways, and waterways. Communication media are essential for the exchange of information between persons and organisations. Internet, newspaper, radio, television, radio, and postal networks are some of the communication modes. The quality of life depends on the efficiency of the transport and communication media prevalent in the region. India is a vast country that needs proper transport and communication networks to exchange goods and information. Thus, means of transportation and communication are called the lifelines of a nation and its economy.
The correct statement would be that means of transportation and communication are the lifelines of a nation and its economy.

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