ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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materials & labor
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four main categories
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come from nature
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income when exported
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Detailed explanation-1: -A country’s importing and exporting activity can influence its GDP, its exchange rate, and its level of inflation and interest rates. A rising level of imports and a growing trade deficit can have a negative effect on a country’s exchange rate.
Detailed explanation-2: -Exports facilitate international trade and stimulate domestic economic activity by creating employment, production, and revenues. Companies that export are typically exposed to a higher degree of financial risk.
Detailed explanation-3: -If a country’s businesses are expanding their operations to export their goods and services, it can stimulate economic activity and create more jobs. Higher rates of employment can often lead to more consumer spending and an increase in support for businesses.
Detailed explanation-4: -Engineering goods. Petroleum products. Gems and jewelry. Organic and inorganic chemicals. Drugs and pharmaceuticals. Electronic goods. Cotton yarn/fabrics/made-ups, handloom products etc. Ready-made garments (RMG) of all textiles. More items •25-Nov-2021