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     EduGorilla 
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    Consider the information provided in the figure below relating to India’s foreign trade in 1997-98 and the first eight months of 1998-99. Total trade with a region is defined as the sum of exports to and imports from that region. Trade deficit is defined as the excess of imports over exports. Trade deficit may be negative.

    A: U.S.A B: Germany C: Other E.U. D: U.K.

    E: Japan F: Russia G: Other East Europe H: OPEC

    I: Asia J: Other L.D. Cs K: Others

    Assume that the average monthly exports from India and imports to India during the remaining four months of 1998-99 would be the same as that for the first eight months of the year.

    What is the percentage growth rate in India’s total trade deficit between 1997-98 and 1998-99?

    Options :-

    1. 43

    2. 47
    3. 50
    4. 40
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