Question 27 of 36
Q.What is meant by direction of international trade?
Gujarat GsebGujarat Board (GSEB) HSC Commerce Board 2025Subjective· 1mImportance★★★★★
75% · 27/36 Questions
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Start your 14-day free trial to unlock the full solution →Direction of international trade refers to the countries to which a nation exports and from which it imports — the geographical spread of its trade.
While the composition of trade tells us what goods and services a country exports and imports, the direction of trade tells us with whom — that is, the countries and regions that are the destinations of its exports and the sources of its imports. Studying direction shows how a country's trade partners have changed over time (for example, India's …
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