Skip to main content
Super TutorResources
Chapter 19 of 21
Chapter Summary

International Trade — Chapter Summary

Madhya Pradesh Board · Class 12 · Geography

Summary of International Trade for Madhya Pradesh Board Class 12 Geography. Part of the Madhya Pradesh Board Class 12 Geography syllabus.

44 questions78 flashcards5 concepts

Interactive on Super Tutor

Studying International Trade? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for chapter summary and more.

Try Super Tutor — Free

Free trial, no card needed.

A bar chart illustrating the significant increase in India's external trade value from 1950-51 to 2020-21, highlighting the sharp rise over decades.
Super Tutor

Learn better with visuals Super Tutor pairs illustrations like this with notes and quizzes for International Trade.

Overview

International trade is mutually beneficial because no country is self-sufficient. India’s international trade has changed a lot in volume, composition, and direction. Even though India’s share in world trade is only about one per cent of the total volume, it remains important in the world economy. T

Key Concepts

Exchange of goods and services between

Exchange of goods and services between countries. It is necessary because no country produces everything it needs.

India’s external trade increased from Rs

India’s external trade increased from Rs. 1,214 crore in 1950-51 to Rs. 77,19,796 crore in 2020-21.

Imports have remained higher than exports

Imports have remained higher than exports in India’s foreign trade over the years. In 2021-22, exports were Rs. 31,47,021 crore and imports were Rs. 4

Manufactured goods formed the largest share

Manufactured goods formed the largest share of exports, though their share declined from 72.9% in 2015-16 to 67.8% in 2021-22. Crude and petroleum pro

During the 1950s and 1960s

During the 1950s and 1960s, major imports were foodgrain, capital goods, machinery, and equipment. After the 1970s, foodgrain import ended and was rep

Learning Objectives

  • Understand the meaning and importance of international trade
  • Trace the growth of India’s external trade from 1950-51 to 2020-21
  • Study the changing composition of exports and imports
  • Identify major trading partners and trade routes used by India
  • Explain the role of sea ports as gateways of international trade

Frequently Asked Questions

What are the important topics in International Trade for Madhya Pradesh Board Class 12 Geography?
Key topics in International Trade include Meaning and importance of international trade, Changing pattern of exports, Changing pattern of imports, Direction of trade and major trading partners. Study these first, then practise questions on each for the Madhya Pradesh Board Class 12 board exam.
How should I revise International Trade for the Madhya Pradesh Board Class 12 board exam?
Learn the core ideas first, then work through the 44 practice questions on International Trade. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for International Trade

All Madhya Pradesh Board Class 12 Geography Chapter Summary

For serious students

Get the full International Trade chapter — start free.

Quizzes, flashcards, an AI doubt solver and a study plan for Madhya Pradesh Board Class 12 Geography. Free to start, no card needed.

Try Super Tutor Free
Try this chapter free