Answer the following questions in about 30 words. What is meant by trade? What is the difference between international and local trade?

Contemporary India-II

Book: Contemporary India-II

Chapter: 7. Lifelines of National Economy

Subject: Social Science - Class 10^th

Q. No. 2 of Exercises

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2

Answer the following questions in about 30 words.
What is meant by trade? What is the difference between international and local trade?

Trade refers to the exchange of goods among people, states and countries.

International trade refers to Trade between two or more. Trade that occurs-in-a region within the same country is called local trade.

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Chapter Exercises

Exercises

Quiz Drive

Activity

1

Which two of the following extreme locations are connected by the east-west corridor?

1

Which mode of transportation reduces trans-shipment losses and delays?

1

Which one of the following states is not connected with the H.V.J. pipeline?

1

Which one of the following ports is the deepest land-locked and well protected port along the east coast?

1

Which one of the following is the most important mode of transportation in India?

1

Which one of the following terms is used to describe trade between two or more countries?

2

Answer the following questions in about 30 words.
State any three merits of roadways.

2

Answer the following questions in about 30 words.
Where and why is rail transport the most convenient means of transportation?

2

Answer the following questions in about 30 words.
What is the significance of the border roads?

2

Answer the following questions in about 30 words.
What is meant by trade? What is the difference between international and local trade?

3

Answer the following questions in about 120 words.
Why are the means of transportation and communication called the lifelines of a nation and its economy?

3

Answer the following questions in about 120 words.
Write a note on the changing nature of the international trade in the last fifteen years.