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The following pie chart shows the following trade of India during 1997 to 1998 and first 8 months of 1998-99 Total trade is defined as the sum of exports and imports from a particular region. Trade deficit is defined as excess of imports over exports. Trade deficit may be negative. The regions are

Q. Which is the region which has the highest total trade with India in 1997-98?
  • a)
    USA
  • b)
    Other EU
  • c)
    OPEC
  • d)
    Others
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The following pie chart shows the following trade of India during 1997...
Trade of OPEC = 23% of imports Plus 10% of exports, For US the figures are 9 and 19%. So even without calculating we can say that OPEC is bigger.
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The following pie chart shows the following trade of India during 1997 to 1998 and first 8 months of 1998-99 Total trade is defined as the sum of exports and imports from a particular region. Trade deficit is defined as excess of imports over exports. Trade deficit may be negative. The regions areQ.Which is the region which has the highest total trade with India in 1997-98?a)USAb)Other EUc)OPECd)OthersCorrect answer is option 'C'. Can you explain this answer?
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The following pie chart shows the following trade of India during 1997 to 1998 and first 8 months of 1998-99 Total trade is defined as the sum of exports and imports from a particular region. Trade deficit is defined as excess of imports over exports. Trade deficit may be negative. The regions areQ.Which is the region which has the highest total trade with India in 1997-98?a)USAb)Other EUc)OPECd)OthersCorrect answer is option 'C'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about The following pie chart shows the following trade of India during 1997 to 1998 and first 8 months of 1998-99 Total trade is defined as the sum of exports and imports from a particular region. Trade deficit is defined as excess of imports over exports. Trade deficit may be negative. The regions areQ.Which is the region which has the highest total trade with India in 1997-98?a)USAb)Other EUc)OPECd)OthersCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The following pie chart shows the following trade of India during 1997 to 1998 and first 8 months of 1998-99 Total trade is defined as the sum of exports and imports from a particular region. Trade deficit is defined as excess of imports over exports. Trade deficit may be negative. The regions areQ.Which is the region which has the highest total trade with India in 1997-98?a)USAb)Other EUc)OPECd)OthersCorrect answer is option 'C'. Can you explain this answer?.
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