Economy, asked by kovepankaj, 11 months ago

why does India have trade deficit

Answers

Answered by pranav000000

Answer:

Please mark it as brainliest

Explanation:

India's trade deficit widened with 25 major countries in 3 years. ... The increasing trade deficit in spite of positive growth of exports is mainly due to higher imports of products such as crude oil, electronic goods, iron and steel, chemicals, coke, fertilisers, and machinery, he said.

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