Question

Trade facilitates the flow of capital and speed up the acquisition of new technology.

06 Mar 2024
Answer :
Word Count : 486

Trade plays a crucial role in facilitating the flow of capital and accelerating the acquisition of new technology in the context of India's foreign trade. India, being one of the largest economies in the world, relies heavily on trade to fuel its economic growth and development. The interplay between trade, capital flow, and technology acquisition is instrumental in shaping India's foreign trade policies and strategies.

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