Export, Import and Trade Between in India and Brazil
Consider the ...
Question
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. A.USAE.JapanH.OPECB.GermanyF.RussiaI.AsiaC.OtherEUG.OtherEastEuropeancountriesJ.OtherLDCsD.UKK.Others Whatis theregionwithwhichIndiahadthe highesttotaltradein1997-98?
A
USA
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B
OtherEU countries
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C
OPEC
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D
Others
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Solution
The correct option is C OPEC Option (C) is the correct answer. Check the video for the approach.