FEI for a country in a year, is the ratio (expressed as a percentage) of its foreign equity inflows to its GDP. The figure given displays the FEIs for select Asian countries for 1997 and 1998. Based on the data provided, it can be concluded that
A
absolute value of foreign equity inflows in 1998 was higher than that in 1997 for both Thailand and South Korea.
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B
absolute value of foreign equity inflows was higher in 1998 for Thailand and lower for China than the corresponding values in 1997.
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C
absolute value of foreign equity inflows was lower in 1998 for both India and China than the corresponding values in 1997.
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D
None of the above can be inferred.
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Solution
The correct option is D None of the above can be inferred. Option (D) is the correct answer. Check the video for the approach.