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NextQ57

"US administration has recently imposed tariff to the magnitude of 50%." In the light of given statement, explain the likely impact of this step on the exports of India.

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Question 56

Read the following statements carefully : Statement I : Trade in services includes both factor income and non-factor income transactions. Statement II : Current Account includes transactions related to goods, services and unilateral transfers. In the light of the given statements, choose the correct option from the following :

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