Foreign Trades :
Foreign trades as well as exchange are becoming a part of everyday life. Foreign trade enables a country to have a much larger flow and much more diversified form of wealth than what is possible without it, The residents of a country are able to enjoy the use of commodities which otherwise may not be available to them at all. There is a wide difference in respect of the material and human resources, stage of technical and scientific progress, and possession of capital equipment in different countries. No country is in a position to produce everything in enough large quantities to provide its people a reasonably high living stander of a country, therefore, enters into trade relations with other countries on account of certain basic differences due topographical reasons in its economy from theirs.
