Economics · India's Foreign Trade
Which of the following trends best reflects the long-term structural changes in India’s foreign trade profile since economic liberalization?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Continuous steep decline in the value of petroleum imports
- 2Rising share of manufactured high-tech goods and commercial services in exports✓
- 3Absolute dominance of raw materials and primary products in export value
- 4Increasing domestic dependence on primary agricultural exports
Correct answer
Rising share of manufactured high-tech goods and commercial services in exports
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