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:USA. B:Germany C:Other EU. D:U.K.  E:Japan  F:Russia  

G:Other East Europe  H:OPEC   I:Asia  J:Other LDCs  K:Others 

Question 138

In 1997-98 the amount of Indian exports, in millions US $, to the region with which India had the lowest total trade, is approximately


In both imports and exports, India did the least amount of trade in 1997-98 with K (both equal to 1%).

Hence, India had the lowest total trade with K in the year 1997-98.

The amount of Indian exports equals 1%*33979 = 340 millions

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