wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Read the statements given below.
I. Exports were more than imports in 2006.
II. Imports were more than exports in 2009.
III. Exports increased at faster rate than imports during the period 2005-10.
Which of the above statements is necessarily true?

A
I and II
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
I, II and III
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Only III
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Only II
No worries! We‘ve got your back. Try BYJU‘S free classes today!
E
Only I
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Only III
Only Statement III is necessarily true because about import and export only percentage change is given, so it cannot be calculated whether export was higher or lower.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
National Income Accounting
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon