1. India primarily exports labour-intensive manufactured goods, such as gems and jewelry, handicraft, textile product, etc. and imports items such as petroleum, raw materials, and metals. Analyse the...

1. India primarily exports labour-intensive manufactured goods, such as gems and jewelry, handicraft,

textile product, etc. and imports items such as petroleum, raw materials, and metals. Analyse the

impact of the following events:

(a) A war in the middle east that disrupts supply of petroleum.

(b) Pakistan promotes gems and jewelry sector so that they can sell in foreign markets.