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Apr 2808:00 AM PDT
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14 Nov 2024, 12:11
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Dropdown 1: 41.5%
Dropdown 2: increase more than ten-fold
The graph shows the trade value of edible fishery between the United States and several other regions in billions of dollars!
A. If in 2018, 20% of all U.S. edible fishery exports to Asia were to India and 40% of all U.S. edible fishery imports from Asia were from India, then India represents approximately of the U.S. edible fishery trade deficit with Asia.
The U.S. would have had to its level of exports to equalize its greatest trade disparity with any of the represented regions in 2018!!!!!!
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Official Answer
Dropdown 1: 41.5%
Dropdown 2: increase more than ten-fold
14 Nov 2024, 12:11
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Official Solution:
20% of the $3 billion in exports would mean $600 million in value was attributable to the Indian fishery exports, while 40% of the $10 billion in imports would mean that $4 billion in value was attributable to the Indian fishery imports. Subtracting the $600 million from the $4 billion results in approximately $3.4 billion of the approximately $8.2 billion trade deficit is attributable to India, or approximately \(41.5\%\).
Correct answer:
Dropdown 1: 41.5% Dropdown 2: increase more than ten-fold
Bunuel
20% of the $3 billion in exports would mean $600 million in value was attributable to the Indian fishery exports, while 40% of the $10 billion in imports would mean that $4 billion in value was attributable to the Indian fishery imports. Subtracting the $600 million from the $4 billion results in approximately $3.4 billion of the approximately $8.2 billion trade deficit is attributable to India, or approximately \(41.5\%\).
Correct answer:
Dropdown 1: 41.5% Dropdown 2: increase more than ten-fold
