Instructions

Answer the following questions based on the table below, which reports global market share of Leading Exporting and Importing countries for Select Product groups.

Question 74

Mark the correct statement:

Solution

We can see that the share of the EU has decreased in global import for Office and telecom equipments and thus, option A is incorrect.
We can see that the global export share has remained same for 3 countries:-
Malaysia(Automotive products), India(IC and EC) and South Korea(Clothing Products). Thus, option B is incorrect.
We can see that the global import share has remained same for 3 countries:-
China(Clothing products), Thailand(Clothing products) and South Korea(IC and EC). Thus, option C is also incorrect.
The share of India in importing chemical products has increased by 125% which is greater than any other countries share.
Hence, option D is the correct answer.

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