Question
Trade facilities the flow of capital and speed up the acquisition of new technology.
Answer :
Word Count : 341
Trade plays a pivotal role in facilitating the flow of capital and accelerating the acquisition of new technologies, especially in a country like India, which has been deeply integrated into the global economic system. Through foreign trade, India has been able to secure financial resources from external markets, whether through foreign direct investments (FDI), foreign portfolio investments (FPI), or loans, all of which contribute to boosting the nation’s economic growth. The flow of capital into India is driven by its increasing participation in international trade. _____ __________ __________ _______ _________ ______ _________ ___ _______ ______ _____ ___.
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Trade plays a pivotal role in facilitating the flow of capital and accelerating the acquisition of new technologies, especially in a country like India, which has been deeply integrated into the global economic system. Through foreign trade, India has been able to secure financial resources from external markets, whether through foreign direct investments (FDI), foreign portfolio investments (FPI), or loans, all of which contribute to boosting the nation’s economic growth. The flow of capital into India is driven by its increasing participation in international trade. _____ __________ __________ _______ _________ ______ _________ ___ _______ ______ _____ ___.
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