Question

Explain the main characteristics of watershed management in India.

Answer 1

Impact of Population Size on International Trade

The population size of a country significantly influences its international trade in the following ways:

• Market Size: A large population means a larger domestic market which can reduce the dependence on imports, as many goods can be produced and consumed locally. Conversely, smaller countries may rely more on imports to meet demand.
• Labor Force: Countries with large populations have a larger labor force, increasing production capacity and export potential. This helps in producing goods at competitive prices for international markets.
• Demand Diversity: Larger populations often have diverse consumer needs, leading to a wide range of imports and exports to satisfy different preferences and economic activities.
• Resource Utilization: Population size affects how resources are used. Countries with dense populations might export surplus goods or import resources they lack, shaping their trade patterns.
• Trade Balance Impact: A rapidly growing population can increase demand for foreign goods, increasing imports and potentially impacting trade balances.

Thus, population size shapes both the scale and nature of international trade for a country by influencing production, consumption, and resource needs.