![WTO’s WTSR 2023 Report: India Ranked 18th WTO’s WTSR 2023 Report: India Ranked 18th](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgH4tnzN2qYC7JO8lDMfzOnEcy6Xi748aFdM2Y4LUWw5Nt8VJPVlXi9Lz0HM8Znvk0KSZqU09OC2isp5tk95rasCOodrARsr-4IcVVGokMhEk79eXCfFtIsg1ofJCwJ4Nnd4iWzkT_FZME4uFQz2LYNHO66q8xaxvq9KBCpkgk0C2iXgWXz02NUnfmOUOc/w320-h192-rw/Copy%20of%20Copy%20of%20Untitled%20(500%20%C3%97%20300%20px)%20(500%20%C3%97%20280%20px)%20(300%20%C3%97%20500%20px)%20(61).jpg)
- According to the report, India ranked 18th among the leading exporters in world merchandise trade in 2022, with a value of $453 billion and a share of 1.8%.
- India also ranked 9th among the merchandise importers, with a value of $723 billion and a share of 2.8%1. India performed better in world trade in commercial services, ranking 7th among exporters and 9th among importers.
- The report also highlights the impact of the COVID-19 pandemic, the war in Ukraine, inflation, monetary tightening, and debt distress on world trade and economic growth.
Question:
Q.1 What was India’s rank among the leading exporters in world merchandise trade in 2022?a. 7th
b. 9th
c. 18th
d. 28th