Question

Explain the three types of movement or flows within international economic exchange. Mention any one example of any one type of flow from India and one from England.

Answer 1

(i) The first movement is the flow of trade of goods.
(ii) The second movement is the flow of people migrating in search of employment.
(iii) The third movement is the flow of capital in terms of short-term and long-term investments done overseas,
(iv) Flow of goods and capital was smoother than the flow of people. A11 three were benefitted by the exchange of ideas.
India: Migration of indentured laborers; trade of cotton textile (Any one).
Europe: Selling of Manchester goods in India.