Practicing Success
Practicing Success
CUET Preparation Today
| Assertion: Historically, the developing countries of the present used to export valuable goods and
artefacts, etc., which were exported to European
countries. Reasoning: During the nineteenth century there was a reversal in the direction of trade. European countries started exporting manufactured goods for exchange of foodstuffs and raw materials from their colonies |
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A. Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A. Assertion (A) is true but Reasoning (R) is not correct. Assertion (A) is not true but Reasoning (R) is correct. |
| Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A. |
| Historically, the developing countries of the present used to export valuable goods and artefacts, etc., which were exported to European countries. During the nineteenth century, there was a reversal in the direction of trade. European countries started exporting manufactured goods for exchange of foodstuffs and raw materials from their colonies. Europe and U.S.A. emerged as major trade partners in the world and were leaders in the trade of manufactured goods. Japan at that time was also the third important trading country. The world trade pattern underwent a drastic change during the second half of the twentieth century. Europe lost its colonies while India, China and other developing countries started competing with developed countries. The nature of the goods traded has also changed. |
