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Explanation:

Deficit intensity = DeficitSales=ImportSales-ExportSales= Import Intensity - Export Intensity

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Growth rate in 1994-95 = 6.3-5.15.1×100 = 23.5%

Growth rate in  1995-96 = 7.6-6.36.3 × 100 = 20.63%

Growth rate in  1996-97 = 8-7.67.6 × 100 = 5.26%

Growth rate in  1997-98 = 5-88 × 100 = -37.5%

Hence, option (a).

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