Skip to main content
Super TutorResources
Chapter 16 of 17
QuestionsNotesFlashcardsSummaryFormulasQuizConceptsSyllabusPlan
Syllabus

International Trade

Madhya Pradesh Board · Class 12 · Geography

Complete topic list for International Trade in Madhya Pradesh Board Class 12 Geography. Key concepts, sub-topics, and what to focus on for board exams.

44 questions24 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 syllabus and more.

Try Super Tutor — Free

1,000+ Class 12 students started this chapter today

A flowchart illustrating the fundamental concept of international trade, showing two countries exchanging goods and services across national boundaries.
Super Tutor

Super Tutor has 12+ illustrations like this for International Trade alone — flashcards, concept maps, and step-by-step visuals.

See them all
4 Topics · Madhya Pradesh Board Class 12 Geography

Topics in International Trade

1

Evolution of Trade

  • Trade began with the barter system - direct exchange of goods without money
  • Jon Beel Mela in Jagiroad (35 km from Guwahati) still practices barter system
  • Money evolved from rare objects: flintstones, cowrie shells, cattle, salt, precious metals
2

Basis of International Trade

  • Based on principle of comparative advantage, complementarity and transferability
  • Specialization in production leads to division of labor globally
  • Difference in national resources due to geological structure, minerals, climate
3

Balance of Trade and Types

  • Balance of Trade records volume of imports vs exports
  • Positive/Favorable: Exports > Imports
  • Negative/Unfavorable: Imports > Exports
4

International Trade Organizations

  • GATT formed in 1948 to liberalize world trade from high tariffs
  • WTO established on January 1, 1995, replacing GATT
  • WTO headquarters in Geneva, Switzerland

Key Concepts

Trade evolved from primitive barter systemsInternational trade is based on fiveBalance of trade records the volumeBilateral trade involves two countries tradingFree trade involves reducing trade barriers

Frequently Asked Questions

What are the important topics in International Trade for Madhya Pradesh Board Class 12 Geography?
International Trade covers several key topics that are frequently asked in Madhya Pradesh Board Class 12 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in International Trade — Madhya Pradesh Board Class 12 Geography?
Start by understanding all key concepts. Practise previous year questions from this chapter. Revise formulas and definitions regularly. Use flashcards for quick revision 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 17 chapters — Madhya Pradesh Board Class 12 Geography Syllabus

For serious students

Get the full International Trade chapter — for free.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for Madhya Pradesh Board Class 12 Geography.

Try Super Tutor Free
Try the full chapter — Free