IIFT 2012 Question Paper Question 16

Instructions

Read the information given below, analyse the following chart of Domestic sales and production of a country and answer the questions

Following charts present data about the domestic sales and production of LCD, LED and Plasma TVs produced and sold in a country (in number of units). Differences in production and sales will be bridged through external trade (i.e. exports and imports) of the TV category during a given year.



Question 16

In which year are the net exports (exports - imports) of all the categories taken together the highest?

Solution

The given information in table format is as shown below:-


The negative sign in Import/Export signifies Import
Thus, in the year 2007 are the net exports (exports - imports) of all the categories taken together the highest.
Hence, option B is the correct answer.


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