Compare and analyse the following information related to Imports and Exports of the three neighbouring nations:

Class 12th Economics, Question -Compare and analyse the following information related to Imports and Exports of the three neighbouring nations:

Question 17:Compare and analyse the following information related to Imports and Exports of the three neighbouring nations:

The correct answer is -The above table shows that during the given periods the Exports from India to Pakistan have increased at an
annualized rate of 3.7 % while the same with China shows 2.6% of growth. On the other hand, India’s import from China accounted for a massive 10.3 %. The corresponding figure with Pakistan witnessed an average of 5.1% respectively. The situation indicates that Indian imports from China are too high in comparison to the exports to China.
This shows that Indian economy was over-dependent on Chinese economy for goods and services, over the given period of time. Whereas, in case of Pakistan gap is quite narrow, which may be due to various reasons.