How does international trade maintain stability of price ? - Vidyadip

Question

How does international trade maintain stability of price ?

✓

Answer

Through international trade, any country can stop the price fall be exporting excess supply of the product and when there is price rise due to scarcity of the product, then through import price rise can be controlled. In this way stability of price is maintained.

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 "2 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 the list of any five documents required to obtain certificate of commencement of business.

Why are preference shares called 'Shares of Preference' ?

What is 'Foul Receipt' or 'Dirty Chit' ?

Give meaning of Internet.

“Every contract of purchase and sale is a trade “ – Discuss.

Why the certificate of origin is required In foreign trade ?

What is a Partnership deed?

You are the manager of a commercial bank. What factors would you properly verify before granting a loan to a business unit? Prepare a list.

What are benefits to society and nation by company ?

‘Timely and appropriate wages becomes social responsibility of a unit’ – describe.