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Direction: Mark the option which is most suitable:
Assertion : Foreign trade creates an opportunity for the producers to reach beyond the domestic markets.
Reason : Foreign trade expands the choice of goods beyond what is domestically produced.
  • a)
    If Both assertion and reason are true, and reason is the correct explanation of assertion.
  • b)
    If Both assertion and reason are true, but reason is not the correct explanation of assertion.
  • c)
    If Assertion is true, but reason is false.
  • d)
    If Both assertion and reason are false.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Direction: Mark the option which is most suitable:Assertion : Foreign...
Foreign trade creates an opportunity for the producers to reach beyond the domestic markets and thus expands the choices available for consumers.
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Most Upvoted Answer
Direction: Mark the option which is most suitable:Assertion : Foreign...
Explanation:

Foreign trade refers to the exchange of goods and services between different countries. It allows producers to expand their market beyond the domestic boundaries and reach customers in other countries. The assertion that foreign trade creates an opportunity for the producers to reach beyond the domestic markets is true.

One of the main reasons why foreign trade is beneficial for producers is that it expands the choice of goods beyond what is domestically produced. When producers engage in foreign trade, they have access to a wider range of products that can be imported from other countries. This provides consumers with a greater variety of goods to choose from, which ultimately benefits the producers as well.

Reason:

The reason given for the assertion is that foreign trade expands the choice of goods beyond what is domestically produced. This means that producers can import goods from other countries to offer a wider range of products to their customers. The reason is also true.

Explanation of Reason:

Foreign trade allows producers to import goods from other countries, which expands the variety of products available in the domestic market. This is because different countries have different resources, technologies, and expertise, which result in the production of unique goods. By engaging in foreign trade, producers can access these goods and offer them to their customers.

For example, a clothing manufacturer in one country may import fabrics from another country to produce a new line of clothing. This allows the producer to offer a greater variety of clothing options to their customers, which would not have been possible without foreign trade.

Therefore, the reason provided is the correct explanation for the assertion. Foreign trade does expand the choice of goods beyond what is domestically produced, which creates opportunities for producers to reach beyond the domestic markets.

Conclusion:

In conclusion, both the assertion and the reason are true, and the reason is the correct explanation for the assertion. Therefore, the correct answer is option 'B'.
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Direction: Mark the option which is most suitable:Assertion : Foreign trade creates an opportunity for the producers to reach beyond the domestic markets.Reason : Foreign trade expands the choice of goods beyond what is domestically produced.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer?
Question Description
Direction: Mark the option which is most suitable:Assertion : Foreign trade creates an opportunity for the producers to reach beyond the domestic markets.Reason : Foreign trade expands the choice of goods beyond what is domestically produced.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Direction: Mark the option which is most suitable:Assertion : Foreign trade creates an opportunity for the producers to reach beyond the domestic markets.Reason : Foreign trade expands the choice of goods beyond what is domestically produced.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Mark the option which is most suitable:Assertion : Foreign trade creates an opportunity for the producers to reach beyond the domestic markets.Reason : Foreign trade expands the choice of goods beyond what is domestically produced.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Direction: Mark the option which is most suitable:Assertion : Foreign trade creates an opportunity for the producers to reach beyond the domestic markets.Reason : Foreign trade expands the choice of goods beyond what is domestically produced.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 10. Download more important topics, notes, lectures and mock test series for Class 10 Exam by signing up for free.
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