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Question

Which among the following countries was the largest trading partner of India in 2013-14 ?

The correct answer is
China

India's Largest Trading Partner 2013-14

The question asks to identify the largest trading partner of India for the fiscal year 2013-14 from the given options.

Trade statistics for 2013-14 indicate the following:

  • China had the highest trade volume with India compared to UAE, USA, and Japan during this period.
  • Therefore, China was India's largest trading partner in 2013-14.
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Important Questions from International Trade

  1. When a nation imposes an import tariffs, the nation's offer curve will
  2. Which among the following will be classified as non-tariff barrier ?
    I. Phyto-sanitary measures.
    II. Import and export licensing.
    III. Countervailing duty
    IV. Environmental standards
    Select the answer from the code given below.
    Codes :
  3. Who developed the use of trade indifference curves in the analysis of trade theory ?
  4. Among the following the percentage share of ____________ commodity group was highest in major imports of India during 2021-22.
  5. A tax imposed upon monopoly profits
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