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Q.

The three types of flow or movements in international economic exchange are the flow of ____, Labour and Capital.


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Detailed Solution

The three types of flow or movements in international economic exchange are the flow of Trade, Labour, and Capital. All these flows have resulted in globalisation also. The flow of trade refers to the flow of goods like cotton and wheat. The flow of labour included the migration of people from one country to another in search of employment or better opportunities and wages. The flow of capital refers to the movement of capital over long distances. It can be either for short-term investments or long-term investments. Traders tend to invest money in international banks and stocks.
 
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