Question
According to the Union Budget 2023-24, consider the following statements. 1. Monthly merchandise exports declined from US$ 39.7 billion in April 2022 to US$ 34.5 billion in December 2022. 2. Merchandise imports for April-December 2022 were US$ 551.7 billion against US$ 441.5 billion during April-December 2021. 3. Trade deficit increased during the period. Which of the above statements is/are not correct?
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