UPSC Prelims 2002·GS1·economy·open economy

India has the maximum volume of foreign trade with

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Last updated 23 May 2026, 3:31 pm IST
  1. AUSACorrect
  2. BJapan
  3. CGermany
  4. DUAE

Explanation

The USA is currently India s largest trading partner. For several consecutive years, including the most recent financial cycles, the bilateral trade between India and the USA has exceeded that of any other nation. This trade volume includes a significant amount of both goods and services. While China and the UAE are also major trading partners, the USA holds the top position due to high levels of exports from India and substantial imports from the USA. Therefore, option A is the correct answer.
economy: India has the maximum volume of foreign trade with

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