Q. Consider the following observations about the new concept called “Virtual Water”: A country which exports more food is likely to consume more Virtual water Virtual Water has no direct relations with the Real water Virtual water has major impacts on global trade policy Which among the above statements is/ are correct?
Answer: Only 3 is correct
Notes: The virtual water trade is a concept which was introduced by Tony Allan. It is the hidden flow of water if food or other commodities are traded from one place to another. Virtual water has major impacts on global trade policy.

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