Economics · Economy
Which one of the following statements is incorrect regarding India's foreign trade structure?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Engineering goods are among the top export commodities in terms of value.
- 2India's trade deficit is highest with China.
- 3The largest volume of imports to India is from Saudi Arabia.✓
- 4The largest volume of exports from India is to the USA.
Correct answer
The largest volume of imports to India is from Saudi Arabia.
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