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Class 10 > Learn Class IX-X Tuition > Why a country is tried to globalised his trade all...
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Why a country is tried to globalised his trade all over the world?

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For an individual country, trade globalization is measured as the proportion of that country's total volume of trade to its Gross Domestic Product (GDP) Globalization=(Imports+Exports)/GDP So,as per the equation globalisation could be attained by increase of trade all over the world
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I am MA+B.Ed In Urdu and S.S.T. & also JRF Qualified

it helps to dominate economically on the world countries
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Biology teacher

A country is globalising its trade with other countries to compete with them and ensure good quality to its citizens.
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Expert solution of Maths,English,Science,SST upto X and Maths,C,C++ upto XII

This is done basically to promote FDI in various sectors and to allow trade with US & other many countries all over the world.
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Accounts Professional

It will give Opportunity to grow the Economy Well.Because Every Company wants to Sell their Product Globally .Due to Globlisation any company Can sell their product in any company Which improves foreign currency reserves in the country of export and also give employment in the country of Export.
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To improve his standard
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Maths Tutor

from globalization we can exchange our idea
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Modern educated and great intellect

Just to enlarge their progress and development of their nation even for resources which are not available in their nation .
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there are two type of economies open and closed, so a country which is dealing with other countries lies in the bracket of open economy, the benefit of being an open economy is, country can make equal BOP and BOT, culture exchange, more better goods and services imports than current and the most imp...
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there are two type of economies open and closed, so a country which is dealing with other countries lies in the bracket of open economy, the benefit of being an open economy is, country can make equal BOP and BOT, culture exchange, more better goods and services imports than current and the most imp increase in GDP and Per capita income, we also must not forget that trade also help a country to build better international relations read less
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home tutor specialization in biology

to get a vast area of buiseness & to increase money value of country
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