Instructions

Answer the questions based on the following table.

Question 77

Identify the TRUE statement:

Solution

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Let's solve the options one by one,
Option A:Annual export growth rate of Argentina in 2003 [( 29566-25650)/25650]=0.153

Annual export growth rate of US in 2006 [(1038278-905978)/905978]=0.146

The annual export growth rate of Argentina in 2003 is greater than that of US in 2006.

Option B: Annual export growth rate of Africa in 2004 [(229900-176400)/176400]=0.303

The annual export growth rate of Latin America in 2004 [(284700-219100)/219100]=0.299

The annual export growth rate of Africa is greater than that of Latin America in 2004

Option C:Annual export growth rate of US in 2004 [(818520-724771)/724771]=0.129

The annual export growth rate of Canada in 2005 [(359399-316548)/359399]=0.135

The annual export growth rate of US in 2004 is lesser than that of Canada in 2005

Hence C is the correct answer.

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