Trade
Maharashtra Board-Class 9-Geography-Chapter-9
Solution
Question 1.
Classify the trade taking place between following regions :
(A) Maharashtra and Punjab
Internal Trade
(B) India and Japan
External Trade
(C) Lasalgaon and Pune
Internal Trade
(D) China and Canada
External Trade
(E) India and European Union
External Trade
Question 2.
Write the correct word- Import or Export for the following :
(A) India buys crude oil from the Middle-East Asian countries.
Import
(B) Wheat is sent to Asian countries from Canada.
Export
(C) Japan sends machine parts to APEC countries.
Export
Question 3.
Correct and rewrite the wrong statements :
(A) India is a self-sufficient country.
India is a not self-sufficient country.
(B) The place where there is excess production does not have demand for those products.
The place where there is excess production does supply goods to other places.
(C) International trade processes are easier than local trade.
International trade processes are relatively difficult than local trade.
(D) SAARC works towards economic development and enhancing the social and cultural harmony of the South-East Asian countries.
SAARC works towards economic development and enhancing the social and cultural harmony among the South Asian countries.
Question 4.
Identify and write the type of trade:
(A) Srushti brought sugar from the grocery shop.
Retail Trade
(B) The traders from Surat bought cotton from the farmers of Maharashtra.
Domestic Trade
(C) Sameer has exported pomegranates from his farms to Australia.
Answer :
International Trade
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(D) Sadabhau bought 10 sacks of wheat and 5 sacks of rice from Market Yard for selling in his own shop.
Wholesale Trade
Question 5.
Write answers in short:
(A) Create a flowchart showing the types of trade
(B) Explain the difference in types of balances of trade.
(i) When the value of imports is more than the value of exports, it is called ‘unfavourable balance of trade’.
(ii) When the value of exports is more than the value of imports, it is called ‘favourable balance of trade’.
(iii) When the value of exports and imports is almost the same, it is called ‘balanced balance of trade’.
(C) State the objectives of WTO.
The objectives of the World Trade Organisation (WTO) are as follows :
(D) What is the difference between the OPEC and APEC in terms of their functions?
OPEC
APEC
OPEC is the organisation of oil producing and exporting countries.
APEC is the regional organisation of the countries in the Asia-Pacific region.
It keeps control over international trade in crude oil.
It promotes free trade and economic cooperation among the member countries.
It keeps control on the production by the member countries and the rates of crude oil.
It encourages regional and technological cooperation among the member countries.
It coordinates the activity and maintains consensus in export of crude oil.
It coordinates technical and economic cooperation among the member-states
(E) Write the functions of the important trade organisations in Asia.
Association of South-East Asian Nations (ASEAN) is an important trade organisation in Asia. Its functions are as follows :
(F) What is the importance of marketing from farmers ‘point of view’?
Question 6.
In the following table, export-import of some countries in the year 2014-15 is given in million U.S. dollars. Make a compound bar graph of the given statistical information.
Read the bar diagram carefully and comment upon the balance of payments of the respective countries.
Country | Export | Import |
China | 2143 | 1960 |
India | 272 | 380 |
Brazil | 190 | 241 |
USA | 1510 | 2380 |
Observations:
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