Political Science, asked by jesusmo7939, 1 year ago

Do you think that strong healthy relations of india with america are conductive to indias economic development

Answers

Answered by ariestheracer
0
Yes, the strong healthy relations of India with America are conducive to India's economic development. US is the largest exporter of the world and exports almost 30% of total world's export and India can be vastly benefited from it. On the other hand India exports more than 18% of her goods and services to US and thus US is largest trading partner of India.

\bf {US \:is \:the\: largest \:economy \:of \:the \:world<br />\: and\: always}
\bf {dictates\: the \:world \:market. \:The \:hostile\: nations\:to}
\bf {US \:always\: face\: sanctions.\: So\:having\: stronger}
\bf {relations\: with\: US\: favors\: India's \:economy.}

\bf {US \:being\: the\: world's\: largest\: economy,\: amounts}\bf {to\: 20 \:percent\: foreign \:investment\: (FDI) \:in\: India}\bf {which\: lead\: to \:the\: economic\: development \:of\: India.}

\bf {US \:has \:also \:the\: most\: advanced\: technology \:in\: the} \bf {world \:and \:the \:stronger\: relations \:with \:US\: would}\bf {lead\: to \:technology\: transfer\: to \:India \:which \:would} \bf {play\:an\:important\:role\:in\: Economic\:development}\bf {of\:India.}

India also produces largest man power to US which is beneficial for the economy of India. It provides employment as well as monetary benefit to India.
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