The two statements that best show that India’s central location played an important role in its development are:
The location caused people to be in contact with different civilizations, which introduced different cultures to India.
The location was a part of the Silk Road, which facilitated trade and thus improved India’s economy.
Between the 2nd century B.C. and the fourteenth century A.D., a commercial network known as the Silk Route existed. It stretched through China, India, Persia, Arabia, Greece, and Italy as it made its way from Asia to the Mediterranean.
Considering how much silk was traded during that time, it was given the name silk road. The country that had a monopoly on the production of this priceless fabric up until the knowledge of how to make it began to spread was China. In addition to facilitating the commerce of silk, the route also aided the trading of other fabrics, spices, grains, fruits, and vegetables, as well as the goods of value such precious stones, woodworking, and animal hides.
China declared intentions to resurrect the Silk Road in 2013, connecting it to more than 60 nations in Asia, Europe, and Africa.
Any voluntary exchange, from the trading of baseball cards between collectors to the signing of multimillion dollar contracts between businesses, can be referred to be a trade in the broadest sense.
Trade typically refers to international trade, the system of exports and imports that connects the world economy, when it is used in macroeconomics. A product that is purchased from the global market is an import, whereas a product that is supplied to it is an export. A significant source of wealth for well-connected countries can come from exports.
International commerce not only boosts productivity but also enables nations to gain from FDI (foreign direct investment) made by companies in other nations. FDI can increase a nation's employment and skill levels by bringing in foreign capital and knowledge.
FDI offers business expansion and growth to the investor, which finally results in better revenues.
When a nation spends more on total imports from abroad than it makes on total exports, it has a trade imbalance. An outflow of domestic cash to foreign markets is the definition of a trade deficit. A negative trade balance is another name for this (BOT).
Hence, option A and E are the correct option
To learn more about Silk Road here
https://brainly.com/question/1255481
#SPJ2
