•READ THE FOLLOWING DIAGRAM AND ANSWER THE QUESTIONS GIVEN BELOW
1.The graph is for which years and how many?
2.In which year value of import from Brazil to India is more than the value of export to Brazil from India?
3.Discuss the balance of trade in the year 2013.
4.In which year India’s trade with Brazil was about 6,000 US dollar?
5.In which year the difference in the value of trade is highest between India and Brazil?
6.what change is noticed in the trade of the year 2009 and 2012?
Answers
Information regarding India's trade with Brazil is given below:
Explanation:
1. The graph is from the year 2008 to 2015, for 7 years.
2. In 2012 the value of import from Brazil to India is more than the value of export to Brazil from India.
3. In 2013 India's export to Brazil was above 6000 US dollars and import to Brazil was 3000 US dollars.
4. In which year India’s trade with Brazil was about 6,000 US dollars.
5. In 2013 the difference in the value of trade is highest between India and Brazil.
6. In 2009 India's exports to Brazil were around 2000 US dollars and imports were above 3000 US dollars whereas in 2012 India's exports were 5000 US dollars and imports were around 5500 US dollars.
Answer:
1. The graph is from the year 2008 to 2015, for the time period of the 7 years.
2. In 2012 the estimation of imports from Brazil to India is more than the estimation of fare to Brazil from India as it is 5000 US million dollars only.
3. In 2013 import to Brazil was 3000 US dollars only and India's fare to Brazil was over 6000 US dollars.
4. In 2011 year India's exchange with Brazil was around 6,000 US dollars.
5. In 2013 the distinction in the estimation of exchange is most elevated among India and Brazil.
6. In 2009 India's fares to Brazil were around 2000 US dollars and imports were over 3000 US dollars. In 2012 India's fares were 5000 US dollars and imports were around 5500 US dollars.