International Trade in Fundamentals of Human Geography

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What is the main reason behind India's sharp rise in overseas trade?

Liberal government policies

Which sector played a significant role in the momentum of India's manufacturing sectors?

Services

In 2016-17, India's external trade was worth Rs. ___ crore.

44,29,762

Which statement accurately describes the volume of India's contribution to world trade?

<p>India's contribution to world trade is as low as one per cent.</p> Signup and view all the answers

What was the value of India's external trade in 1950-51?

<p>Rs. 1,214 crore</p> Signup and view all the answers

During 2012-13 to 2016-17, what was the trend observed in the value of India's imports compared to exports?

<p>Value of imports continued to be higher than exports</p> Signup and view all the answers

What was the major item of import for India during the 1950s and 1960s?

<p>Foodgrain</p> Signup and view all the answers

What contributed a larger share to India's foreign trade according to the text?

<p>Manufactured goods</p> Signup and view all the answers

What was the reason for India discontinuing foodgrain imports after the 1970s?

<p>Success of Green revolution</p> Signup and view all the answers

Which sector accounted for 73.6% of India's total value of export in 2016-17?

<p>Manufactured goods</p> Signup and view all the answers

Why did the share of agriculture and allied products decline in India's international trade over the years?

<p>Tough international competition</p> Signup and view all the answers

What was a significant growth sector in India's export according to the information provided?

<p>Manufactured goods</p> Signup and view all the answers

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