Question

span >India is a consumption led economy whereas China is an investment led. Which of the following statements are correct? i. India has current account deficit ii. Normally China has trade surplus iii.Problems in world trade will affect China more adversely

A 1) Only i & ii
B 2) Only i & iii
C 3) Only ii & iii
D 4) All i, ii and iii
E 5) None of these
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