Give the definition of 'Foreign Trade' according to Thomas. - Vidyadip

Question

Give the definition of 'Foreign Trade' according to Thomas.

✓

Answer

According to Thomas, "exchange of the product of one country with another country is a Foreign Trade."

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Each" from International Trade→International Trade — all question types→OCM STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Give two examples of public corporation.

Who is called temporary traders?

Which rights do equity share-holders get ?

How does business prestige increase foreign partners in join enterprises ?

What is expectation of investors ?

What is the objective behind export of commodities and services?

Which trades are included in international trade?

What is interested group associated to business unit ?

Why can sole proprietor take quick decisions easily?

Who is called a street hawker?