Trade Relations — Prelims Strategy
Prelims Strategy
Focus on memorizing key statistics: bilateral trade volume (87.5 billion), China as largest trading partner since 2008. Remember specific agreements with years: Border Trade Agreement (2003), Trade and Economic Relations Agreement (1984).
Master post-2020 policy measures: Press Note 3, app bans (200+ apps), quality control orders. Practice elimination techniques by understanding the difference between complete bans vs approval requirements, and between goods trade deficit vs services trade patterns.
Pay attention to current affairs updates on trade statistics, new policy measures, and bilateral meetings. Common traps include confusing India-China trade patterns with India-US patterns (services surplus with US, not China), overstating the significance of border trade, and misunderstanding selective disengagement as complete decoupling.