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 77

Considering both global export and import market dynamics, China has witnessed highest percentage change in its market share between 2000 and 2009 in the following product groups:

Solution

Percentage change in Integrated Circuits and Electronic Components imports for China from 2000-2009 = $$\frac{32.8-6.3}{6.3} \approx 400\%$$
Percentage change in Office and Telecom Equipment exports for China from 2000-2009 = $$\frac{26.2-4.5}{4.5} \approx 500\%$$
Percentage change in Integrated Circuits and Electronic Components exports for China from 2000-2009 = $$\frac{11.4-1.7}{1.7} \approx 550\% $$
Percentage change in Automotive Products imports for China from 2000-2009 = $$\frac{3.6-0.7}{0.7} \approx 400\% $$
Thus, Percentage change in Integrated Circuits and Electronic Components exports for China from 2000-2009 is the highest among the given options.
Hence, option  C is the correct answer.


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