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10th Class Social Science The Making of a Global World Question Bank Short Answer Type Questions - The Making Of A Global World

  • question_answer
    Identify various types of flows or movements within international economic exchange. How do these affect economy?

    Answer:

    Economists identify three types of movement or 'flows' within international economic exchanges. These are flow of trade, the flow of labour (migration of people) in search of employment) and capital for investment over long distance trade. These are closely interwoven and affect the life of the people deeply.


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