10th Class Social Science The Making of a Global World Question Bank 10th CBSE Social Science The Making of a Global World

  • question_answer
      Economists identify three types of movements or 'flows' within international economic exchanges. What were they?

    Answer:

                      (i) The flow of trade: It is the flow of trade which in the 19th century referred to the trade of goods like cloth or wheat. (ii) The flow of labour: People migrated to various countries in search of employment. (iii) The movement of capital: It is the movement of money for short-term or long-term investments over long distances.


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