Question:medium

Which among the following is a TRUE statement?

Show Hint

Apply the principle of specialization mentioned in the passage. Countries export what they are good at producing and import what they are not. Agricultural countries specialize in agriculture, and industrial countries specialize in manufacturing.
Updated On: Jan 16, 2026
  • In agriculturally important countries, agricultural products are expected to be exchanged for manufactured goods.
  • Industrialized nations are expected to import machinery and finished products and export food grains and other raw materials.
  • The countries which are pioneers in the research and development of defense technology are expected to import state-of-the-art defense technology from Third World.
  • The stage of economic development of a country does not impact the nature of traded products.
Show Solution

The Correct Option is A

Solution and Explanation


Step 1: Concept Identification:
This task involves selecting the accurate statement regarding international trade patterns as influenced by a nation's economic development stage, as detailed in the provided text. The text asserts, "At different stages of economic development of countries, the nature of items traded undergo changes."

Step 3: Analysis of Options:
\[\begin{array}{rl} \bullet & \text{(A) This reflects a common trade dynamic. Nations focused on agriculture (often developing economies) export agricultural goods and import manufactured items from industrialized countries. This statement is accurate.} \\ \bullet & \text{(B) This option inaccurately assigns trade roles. Industrialized nations typically export machinery and finished products while importing raw materials and specific food grains.} \\ \bullet & \text{(C) This proposition is illogical. Countries leading in technological advancement would export such technologies, not import them, particularly from less advanced nations.} \\ \bullet & \text{(D) This statement directly opposes the passage's claim: "At different stages of economic development of countries, the nature of items traded undergo changes."} \\ \end{array}\]

Step 4: Conclusion:
The singular accurate statement posits that agriculturally significant countries typically exchange their agricultural products for manufactured goods.

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