Practicing Success
Which of the following statements is incorrect with respect to India's role in international trade? b- India plays a significant role in the world economy. |
Only statement a is incorrect. Only statement b is incorrect. Both statements are incorrect. Neither of them is incorrect. |
Only statement a is incorrect. |
India’s international trade has undergone a sea change in recent years in terms of volume, composition as well as direction. Although India’s contribution in the world trade is as low as one per cent of the total volume, yet it plays a significant role in the world economy. |