Question
Download Solution PDFExport of goods enhances ________.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is foreign exchange.Key Points
- Export of goods brings foreign exchange into the country, which strengthens the economy.
- Exporting goods increases the demand for domestically produced goods, leading to higher production and employment levels.
- Exporting goods enhances the country's reputation in the global market, which attracts foreign investment and promotes economic growth.
- Exporting goods helps to diversify the economy, reducing dependence on a particular sector or market.
Additional Information
- Expenses may lead to lower expenses as production levels increase due to higher demand.
- Local debt and nation's loan are not related to exporting goods, but are more dependent on factors like government policies, fiscal management, and economic conditions.
Last updated on Jun 17, 2025
-> The Staff Selection Commission has released the SSC GD 2025 Result on 17th June 2025 on the official website. Candidates can check if their qualifying status by going through the List.
-> The SSC GD Notification 2026 will be released in October 2025 and the exam will be scheduled in the month of January and February 2026.
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-> Previously SSC GD Vacancy was increased for Constable(GD) in CAPFs, SSF, Rifleman (GD) in Assam Rifles and Sepoy in NCB Examination, 2025.
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-> The candidates who will be appearing for the 2026 cycle in the exam must attempt the SSC GD Constable Previous Year Papers. Also, attempt SSC GD Constable Mock Tests.