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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
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B
France, Australia
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C
New Zealand, Australia
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D
New Zealand, France, Australia
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Solution

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.


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