Question

Answer the questions based on the information given below:
Balance of trade (BOT) is the difference between the value of a country's exports and the value of its imports for a given period.

The ratio of imports from New Zealand and France put together to export to which of the following group of countries from India is 9 : 8?

• A. New Zealand, France
• B. France, Australia
• C. New Zealand, Australia
• D. New Zealand, France, Australia

Answer 1

The correct option is D New Zealand, France, Australia

The imports from New Zealand and France put together = 5 × (.04 + .05) = 0.45
The exports to New Zealand, Australia, and France put together = 4 × (.02 + .04 + .04) = 0.40
Ratio = 0.45 : 0.40 = 9 : 8
Hence, option D is correct.