What was the primary cause for India’s merchandise

Q: Answer-What was the primary cause for India’s merchandise exports falling to a 25-month low in November?

Indias merchandise exports fell by 4.83 in November, reaching a 25-month low, primarily due to an unprecedented fall in petroleum product prices. The export value decline was linked directly to this drop, despite a 9.6 increase in export volumes between April and October.

exports falling to a 25-month low in November?

A Rise in petroleum product prices Correct Answer Incorrect Answer

B Increased gold imports Correct Answer Incorrect Answer

C Decline in petroleum product prices Correct Answer Incorrect Answer

D Slowdown in demand from China Correct Answer Incorrect Answer

E Decrease in agricultural exports Correct Answer Incorrect Answer

Solution

India’s merchandise exports fell by 4.83% in November, reaching a 25-month low, primarily due to an unprecedented fall in petroleum product prices. The export value decline was linked directly to this drop, despite a 9.6% increase in export volumes between April and October.

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