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Context: Global trade is on a rebound after plummeting during the first two waves of the Covid-19 pandemic. Global imports and exports touched $5.6 trillion in the third quarter of 2021, which is a new record. When it comes to global trade, India is on a path to not just recovery, but growth. India recorded its historic quarterly exports, recording USD 37 bn in December 2021. This is a jump of nearly 37% compared to December 2020.
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