China has trade deficit with India

True

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False

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Solution

The correct option is B False

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Similar questions

Q. Consider the following statements with regard to India - China Trade Relations:

Which of the statements given above are correct?

1 and 2 only
1 and 3 only
2 and 3 only
1, 2 and 3

Q.
Which of the following are major concerns with respect to India and free trade policies with other Nations?

1. Indian manufacturing sector is less competitive
2. Service sector is Indian strength but other countries are unwilling to open up for service sector
3. While trade with ASEAN has increased, deficit has also increased

Which of the above statements are correct?

What is trade deficit?

Q. The East India Company started a triangular trade between India-China-Britain

Consider the information provided in the figure below relating to India’s foreign trade in 1997-98 Total trade with a region is defined as the sum of exports and imports from that region. Trade deficit is defined as the excess of imports over exports. Trade deficit may be negative.
$\begin{matrix} A . U S A & E . J a p a n & H . O P E C B . G e r m a n y & F . R u s s i a & I . A s i a C . O t h e r E U & G . O t h e r E a s t E u r o p e a n c o u n t r i e s & J . O t h e r L D C s D . U K & K . O t h e r s \end{matrix}$

In 1997-98, the trade deficit with respect to India, billion US dollars, for the region with the highesttrade deficit with respect to India, is approximately equal to

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