Question

What was the main factor driving India's rise to the 10th position in the US trade deficit rankings in 2024?

Q: Answer-What was the main factor driving India's rise to the 10th position in the US trade deficit rankings...

Indias entry into the top 10 countries with the highest US trade deficit was primarily driven by a surge in electronics exports, which led to an increase in the trade imbalance between the US and India.

A Increase in oil exports

B Surge in electronics exports

C Rise in agricultural exports

D Decline in imports

E Expansion of service exports

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What was the main factor driving India's rise to the 10th position in the US trade deficit rankings in 2024?

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