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.
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.
