Economics · Foreign Trade of India
Which of the following has historically been a significant problem for India's foreign trade?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Payment for all imports exclusively in Indian Rupees
- 2Excessively rapid growth in the volume of exports
- 3Unfavorable terms of trade and structural trade deficit✓
- 4Absence of demand for traditional Indian goods abroad
Correct answer
Unfavorable terms of trade and structural trade deficit
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