Which are the three important aspects of international trade?
AImport, export and transit
BVolume, composition, direction
CPrice, weight and colour
DLand, labour and capital
Answer & Solution
Correct answer: B. Volume, composition, direction
1. Trade has three aspects.
2. They are volume, sectoral composition and direction.
3. Volume is the total value of goods and services traded.
_Source: syllabus Geography, Fundamentals of Human Geography, Chapter 9, International Trade._
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