India - EDC Flashcards by Kilan Parmar | Brainscape

Q

Current international trade patterns in India?

A

Main export partner: $102B USA
Main import partner: $77B China
Main exports: Petroleum, Jewelry
Main imports: Crude oil, gold, electricals

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

What trade bloc are India in?

A

ASEAN

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Changes in IN trade in India?

A

Strong relationship with trading partners lead to 0.7% GDP growth

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Impacts of trade in India?

A

HDI score increased from 0.483 to 0.645 in 2020
Increase in trade lead to multiplier effect

How well did you know this?

1

Not at all

2

3

4

5

Perfectly