Crude oil (34% of imports), gold and silver, machinery and electricals.
2 of 22
Until what year did India stop adopting a trade policy of import substitution with high tariffs on imported goods plus restrictions of FDI to protect its domestic agriculture and manufacturing industry?
Early 1990's
3 of 22
What happened to India's trade policy
became more liberal, forging stronger relationships with its trading partners
4 of 22
Average GDP growth? (2000-2014)
7%
5 of 22
Post 1990's, what happened to Indias global share of merchandise exports, and share of services exports
it doubled & share of service exports increased fivefold
6 of 22
Who was India's biggest trade partner in 2014?
China
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Value of India's merchandise exports to China?
$18.8 Billion
8 of 22
Value of China's merchandise exports to India?
$47.8 Billion
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How many Chinese companies in India?
100
10 of 22
How many Indian companies in China?
165
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What are the two governments common goals?
Improving living standards and sharing information and best practice regarding domestic economic issues.
12 of 22
Despite border conflicts with China, Bangladesh and Pakistan, who has led economic reform in the last two decades?
The Indian Government
13 of 22
Example of a trans-border river which is important to the socio-economic development of both countries
Brahmaputra
14 of 22
Have China and India signed climate change treaties?
Yes
15 of 22
What happened in 2015 with the political leaders of the UK and India
Agreed to collaborate on issues including finance, defence, nuclear power and climate change.
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Which country has the largest Indian communities outside of Asia?
UK
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Human Development Index has increased from what in 2000 to what in 2013
0.483 - 0.586
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Share of merchandise exports between 2000 -2013?
More than doubled from 0.7% to 1.7%
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Examples of growth stimulated by international trade around the large ports in India include?
The automobile industry at Chennai.
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The success of India's trade and domestic policies is partly responsible for it's?
Political stability in the last decade.
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The Gini coefficient has come down from ? to ? in the last seven years
36.8 - 33.6
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Other cards in this set
Card 2
Front
Crude oil (34% of imports), gold and silver, machinery and electricals.
Back
Main imports
Card 3
Front
Early 1990's
Back
Card 4
Front
became more liberal, forging stronger relationships with its trading partners
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