3 ms·
I agree. It is also worth noting that what goes into GDP in terms of trade is net exports, i.e. exports - imports. Lower commodity prices have given a huge boos
by fauigerzigerk 11y ago
I agree. It is also worth noting that what goes into GDP in terms of trade is net exports, i.e. exports - imports. Lower commodity prices have given a huge boost to that GDP component as India is a net consumer of commodities.
That said, I don't know how accurate India's official figures are. But I doubt that they are less reliable than the Chinese ones.