TAMIL NADU –TRADE

I. CHOOSE THE CORRECT ANSWER:

1. Primitive method of trade was known as barter system.

2. Trade decides the economic growth of a country.

3. In Tamil Nadu domestic trade is effectively handled between districts.

4. Virudhunagar district exports crackers.

II. MATCH THE FOLLOWING:

1. Exports Software
2. Imports Machinery
3. Tidel park Chennai
4. Tansilk Kanchipuram
5. First uzhvar sandhai Madhurai

III. BRIEF:

1. Define Trade?

An Exchange of Goods and commodities either within the country or between the countries.

2. Name some of the imports of Tamilnadu?

  • Mineral fuel and mineral oil.
  • Organic chemicals.
  • Plastic articles.

3. Distinguish between Import and Export?

EXPORT IMPORT
Export refer to goods and services sold for foreign currency. Imports are goods and services bought from overseas producers.
Ex.Textile goods, drugs and pharmaceuticals, chemicals Ex. Organic chemicals, plastics articles

4. Differentiate internal from international trade.

Internal trade:

Trade carried on within the domestic territory of a country is termed as internal trade

International trade:

Trade between two or more than two countries is termed as international trade.

IV. PARAGRAPH:

1. Why trade is called an engine of growth?

  • It helps in the flow of commodities.
  • It generates dynamic change in the export front.
  • Trade increases technology transfer from one country to another.
  • It improves the welfare of the workers.
  • It helps to increase the total production of a country.

2. Write a paragraph about UZHAVAR SANDHAI?

  • This scheme was initiated for direct selling of fruits & vegetables at fair price.
  • First Uzhavar sandhai was started at Madurai in 1999.
  • There are 103 Uzhavar sandhais in the state.
  • Every day on an average 1609 MT of fruits and vegetables worth of 191.77 lakhs are sold.
  • Consumers were benefitted through uzhavar sandhai.