Recently India has reportedly begun and exercise to review its existing trade agreement with Ma...........

Current GK (CPO) International Affairs

Recently, India has reportedly begun and exercise to review its existing trade agreement with Malaysia, as the trade deficit between the two countries sugred from $2.6 billion in 2011 to _____________by FY24.

$2.8 billion

$3.5 billion

$4.8 billion

$5.5 billion

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Explanation:

India has reportedly begun and exercise to review its existing trade agreement with Malaysia, examining the rules of origin under the pact. The India-Malaysia Comprehensive Economic Cooperation Agreement, was signed in 2011 when the trade deficit was $2.6 billion, which surged to $5.5 billion by FY24.