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      Question

      How much did India’s trade deficit with the US rise to

      from January to October 2024?
      A $28 billion Correct Answer Incorrect Answer
      B $38 billion Correct Answer Incorrect Answer
      C $48 billion Correct Answer Incorrect Answer
      D $58 billion Correct Answer Incorrect Answer
      E $68 billion Correct Answer Incorrect Answer

      Solution

      India’s trade deficit with the United States rose to $38 billion from January to October 2024, an increase from $43.7 billion in 2023. This surge was primarily driven by an increase in electronics exports, marking a significant shift in the trade dynamics between the two nations.

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