Question:
At present Sri Lanka’s main destination of exports and main origin of imports are respectively
(1) United States of America and United Kingdom.
(2) United States of America and China.
(3) European Union and India.
(4) United Kingdom and China.
(5) United Kingdom and India.
Correct Answer:
(2)
Answer Explanation:
Historically and consistently through the late 2010s, the United States of America has been the single largest buying country for Sri Lankan exports (mainly apparel). Conversely, China and India trade places as the largest sources of Sri Lanka’s imports (capital goods, raw materials, and consumer goods).
Topic: International Trade Year: 2018
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