Answer it first: the answer and the solution appear right after.
Questions on this set: Q29 Q30 Q31 Q32 Q33 Q34
Directions: Answer the questions based on the following information
Consider the information provided in the figure below relating to India’s foreign trade in 1997-98 and the first eight months of 1998-99. Total trade with a region is defined as the sum of exports and imports from that region. Trade deficit is defined as the excess of imports over exports. Trade deficit may be negative.
A.USA G. Other East European countries
B. Germany H. OPEC
C. Other EU I. Asia
D.UK J. Other LDCs
E. Japan K. Others
F. Russia
| Source of Imports | |
 |
 |
| Destination of exports | |
 |
 |
In 1997-98 the amount of Indian exports, million US dollars, to the region with which India had the lowest total trade, is approximately
Answer: B
From the pie chart, the region having lowest trade is K.
1% of imports + 1% of exports
∴ Indian exports are 1% of 3397.9 which is roughly 340 million USD.
