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Which country showed the largest trade growth between 2004–05 and 2022–23?

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Question

Which country showed the largest trade growth between 2004–05 and 2022–23?

Options

  • India with moderate growth in all sectors

  • China with significant growth in exports and very rapid import growth

  • All three countries showed equal growth rates

  • Pakistan with consistent growth in both exports and imports

MCQ
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Solution

China demonstrated the largest trade growth, with export CAGR of 8.1% and import CAGR of 18.5%, indicating dynamic economic expansion and integration into global trade networks.

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