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The global economy

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Question 19

Figure 1: Trade Data for India

20202021
Visible imports USD (billions)380410
Visible exports USD (billions)395390

Using the data in Figure 1, what has happened to India's balance of trade from 2020 to 2021?

The balance of trade has become more favourable

The balance of trade has worsened

The balance of trade has stayed the same

The balance of trade has remained in surplus

The global economy Questions

  1. IGCSE
  2. /Economics
  3. /The global economy