Question

Observe the following graph and answer the questions given below:

 

1. In which decade did the Indian trade contribution to GDP overtake that of Brazil?
2. According to the graph, what is the highest percentage contribution to the GDP of Indian trade?
3. What was the condition of Indian trade in the decade of 1960-70?
4. In which decade did trade in Brazil suffer badly?
5. How has Indian trade performed in the years 2010-16?
6. What has been the contribution of Brazilian trade to the GDP in the years 2010-16?

Answer 1

1. Indian trade overtook Brazil's trade contribution to GDP around the 1990s (specifically in the late 1990s to early 2000s).
2. The highest percentage contribution to the GDP of Indian trade is around 50%, which is seen in the years 2010-2016.
3. Indian trade contribution to GDP in the 1960-70 decade was below 10%, and it remained very close to the baseline, indicating the lowest trade contribution compared to other decades.
4. The 1980-1990 period is indeed the correct timeframe to mention when Brazil's trade contribution suffered badly. The 1960-70s were low but not as severe as the 1980-90s in terms of the sharp decline in trade contribution.
5. In the years 2010-16, Indian trade performed well, and it was around 40%.
6. In the years 2010-16, Brazilian trade remained relatively steady.