Answer the questions based on the information given below:
Balance of trade (BOT) is the difference between the value of a country's exports and the value of its imports for a given period.

The total imports to India in 2018–2019 from Canada and Australia was nearly balanced by the total exports from India to _____________.

China, Australia and France

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Canada and UK

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Canada, France and New Zealand

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China and Canada

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Solution

The correct option is A China, Australia and France
The total import to India in 2018-2019 from Canada and Australia = 5 × (0.07 + 0.32) = 1.95 billion
The total export to India in 2018–-2019 from China, Australia, and France = 4 × (0.04 + .04 + 0.4) = 1.92 billion
Hence, option A is correct.

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The correct option is A China, Australia and FranceThe total import to India in 2018-2019 from Canada and Australia = 5 × (0.07 + 0.32) = 1.95 billion The total export to India in 2018–-2019 from China, Australia, and France = 4 × (0.04 + .04 + 0.4) = 1.92 billion Hence, option A is correct.

The correct option is A China, Australia and France
The total import to India in 2018-2019 from Canada and Australia = 5 × (0.07 + 0.32) = 1.95 billion
The total export to India in 2018–-2019 from China, Australia, and France = 4 × (0.04 + .04 + 0.4) = 1.92 billion
Hence, option A is correct.