Question

Discuss the external sector comparsiom of india and china

Answer 1

While the average income in China and India remains low, their impressive economic growth and enormous populations have made them two world powers of extraordinary importance, whose economies are surpassed only by that of the United States. Therefore, even if a large slice of their population remains in poverty, the economies of China and India are completely integrated into the world markets and financial exchanges, making the development of these two key countries important to maintaining a peaceful international scene during the 21st Century.