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Which of the following is true in the context of international trade of India? There has been an increase in volume of imports and exports over the years. The value of imp -

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Question

Which of the following is true in the context of international trade of India?

  1. There has been an increase in volume of imports and exports over the years.
  2. The value of imports are higher than the value of exports.

Options

  • Only 1

  • Only 2

  • Both only 1 and only 2

  • None of these

MCQ

Solution

Both only 1 and only 2

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Concept of International Trade
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