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Single Answer MCQ
Q-00014340

Which of the following is a component of international trade?

1

Local markets

2

Exports

3

Intra-state trade

4

Consumer goods

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. Exports

Solution:

Exports, which are goods produced in one country and sold to another, play a critical role in international trade, whereas local markets pertain to domestic trade.

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