8 - International Trade
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Practice Questions
Test your understanding with targeted questions
Define international trade.
💡 Hint: Think about how countries share products.
What are imports?
💡 Hint: Consider what your country brings in from elsewhere.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What does international trade refer to?
💡 Hint: Think about trade that crosses borders.
True or False: India exports more than it imports.
💡 Hint: Recall the concept of trade balance.
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Challenge Problems
Push your limits with advanced challenges
If India aims to reduce its trade deficit by increasing exports, what strategies might it implement?
💡 Hint: Think about what makes countries want to buy your products.
Consider the implications of fluctuating crude oil prices on India's balance of trade. How might this affect the economy?
💡 Hint: Think about how essential oil is to transportation and industry.
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