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Question 1：How COVID-19 effects the trade activities around the world. Please briefly explain with suitable examples.

Question 1：How COVID-19 effects the trade activities around the world. Please briefly explain with suitable examples.

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Answer #1

Answer - Trade not only includes the exchange of goods and services , but it also leads to the travel of persons from one nation to other , one state to other. Corona virus is very infectious and can travel through any person , object. Lot of precautions like sanitisation are taken up if any good comes from outside. In such a situation , the phase of globalisation , the transfer of goods etc has suffered a lot due to fear of spread of infection.

An example of this is India. India has its focus now on Make In India program which will enable the production in India itself , not depending much on other nations in order to avoid the infection travel from other nations.

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