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Answer the question based on the following information.

Assume that the average monthly exports from India and imports to India during the remaining four months of $1998-99$ would be the same as that for the first eight months of the year.

What is the percentage growth rate in India’s total trade deficit between $1997-98$ and $1998-99?$

  1. $43$
  2. $47$
  3. $50$
  4. $40$
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