Economics · Economy
Consider the following statements regarding the trade profile between India and the United Kingdom (UK): I. Processed agricultural products (such as cereals preparations, juices, and nuts) collectively represent a substantial share of India's agri-exports to the UK alongside traditional commodities like rice. II. India's basmati rice export value to the UK is significantly higher than that of its non-basmati rice exports to the country. III. Comprehensive Economic and Trade Agreements (CETA/FTAs) generally aim to scale up import duties rather than reduce tariffs on key goods like pulses and pickles. Which of the statements given above is/are correct?
- 1I and II only✓
- 2II and III only
- 3I and III only
- 4I, II and III
Correct answer
I and II only
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