India - EDC Flashcards

You may prefer our related Brainscape-certified flashcards:
1
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
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2
Q

What trade bloc are India in?

A

ASEAN

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3
Q

Changes in IN trade in India?

A

Strong relationship with trading partners lead to 0.7% GDP growth
Growth of tertiary occupation
Growth of volume of trade

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4
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
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5
Q
A
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