GS PrelimsEconomyExternal Sector2002

India has the maximum volume of foreign trade with

USA

Japan

Germany

UAE

Correct Answer: Option A

Explanation

1. The question asks about India's largest trading partner by volume of foreign trade around the year 2002. 2. During the late 1990s and early 2000s, the USA (Option A) was consistently India's largest trading partner in terms of total merchandise trade (exports + imports). 3. While trade with countries like Japan (Option B), Germany (Option C), and the UAE (Option D) was significant, the overall trade volume with the USA was the highest during that period.

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