Question

What locational advantage does India possess in International trade?
A. Central location in the Eastern hemisphere
B.Location in the middle of the developing countries
C.Location at the Southern end of Asia
D.Location in the east west oceanic route through the suez canal

Answer 1

Hint: Trade increases competition among nations and reduces prices.It also helps in breaking down monopolies.

Complete answer: International trade has numerous benefits. It increases revenues, easier revenues, better risk management. And several other benefits. India’s location has always been an advantage for the country. The location in the east west oceanic route through the suez canal. The Suez canal opened in 1869 and it reduced the distance between India and Europe by 7000 kms.This gives India a favourable situation in international trade and commerce. The Cape of Good Hope and the Suez Canal connects India to Europe, North America and South America. The Suez Canal connected the Mediterranean Sea with the red sea.India was still under colonial governance of the British. The creation of the Suez Canal benefited the British most.The tripp they took from London to Bombay was reduced by 5,150 miles. Since the British also controlled Egypt,they also commanded the Suez Canal. Trade could also be opened in Asia.

So, the correct answer is option D.

Note: The Suez Canal is important because it was able to create the shortest possible maritime route from Europe to Asia.The low lying delta of the Nile river lies to the west of the Suez Canal.The Canal is used extensively and it is also protected.