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Which of the following statements is/are incorrect? 1. The top countries investing in India are UK, USA, Singapore, Japan, Mauritius and others. 2. Trade balance is nothing but import minus export. When the balance is negative, i.e., export is greater than import, the value is called a trade deficit.

Answer»

Which of the following statements is/are incorrect?

1. The top countries investing in India are UK, USA, Singapore, Japan, Mauritius and others.

2. Trade balance is nothing but import minus export. When the balance is negative, i.e., export is greater than import, the value is called a trade deficit.




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