- Trade balance is the difference between a country's exports and imports. - A trade surplus occurs when exports exceed imports. - India typically has a trade deficit with China and a trade surplus with countries like the USA and UAE.
Among the following countries India's trade balance surplus is maximum with which country in 2019-20?
Asked in UPPCS Prelims 2021 · Topic: Trade Balance and Trade Deficit/Surplus (Historical Trends and Composition of India's Trade Balance (Goods and Services))
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