As per the reports in the major financial newspapers, India has urged China to redress imbalance in trade. What does it

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Q 1518101900.     As per the reports in the major financial newspapers, India has urged China to redress imbalance in trade. What does it really mean?

A

India exports more items to China whereas China does not export much to India

B

India is not able to export much to China whereas its import from China is of higher value

C

China and India are not at all trade partners. Hence there is no transaction between the two countries

D

As per WTO laws, India is supposed to export food -grains to China. But China has not placed any order for the same in 2006-07. It has also refused to accept 200 lakh tonnes of wheat exported to it by India

E

None of the above

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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