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Instructions
Directions for the next 4 questions: Answer these questions based on the data presented in the figure below. FEI for a country in a year, is the ratio (expressed as a percentage) of its foreign equity inflows to its GDP. The following figure displays the FEIs for select Asian countries for the years 1997 and 1998.
Question 18
The country with the highest percentage change in FEI in 1998 relative to its FEI in 1997, is:
Solution
From the given data we can clearly notice that FEI for India decreased (changed) by greatest percentage.
For India the value = (1.71-0.72)/1.71 = 57.894%
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