Indian Institute of Foreign Trade 2008 Solved Paper

Option (A): The exports from Argentina expressed as a proportion of export from Latin America in 2001 was greater than the exports from Nigeria expressed as a proportion of exports from Africa in 2004. The exports from Argentina expressed as a proportion of export from Latin America in 2001 = $\frac{26543}{188600}=.1407$The exports from Nigeria expressed as a proportion of exports from Africa in 2004 =$\frac{31148}{229900}=.135$Option (B): The exports from UK expressed as a proportion of exports from Europe in 2000 is lower than the exports from Argentina expressed as a proportion of exports from Latin America in 2005.The exports from UK expressed as a proportion of exports from Europe in 2000 =$\frac{285429}{2633930}=.108$The exports from Argentina expressed as a proportion of exports from Latin America in 2005 = $\frac{40351}{355000}=.114$Option (C): The annual export growth rate of Argentina in 2004 was higher than the corresponding figure for Asia in 2005.The annual export growth rate of Argentina in 2004 = $\frac{(34576-29566)}{29566} \times 100 = 16.94\%$The annual export growth rate of Asia in 2005 = $\frac{(3059000-2653100)}{2653100} \times 100 = 15.30\%$Option (D): The exports from South Africa in 2001 expressed as a proportion of exports from Africa is lower than the exports from China expressed as a proportion of exports from Asia in 2003.The exports from South Africa in 2001 expressed as a proportion of exports from Africa =$\frac{29258}{137400}=.212$The exports from China expressed as a proportion of exports from Asia in 2003 =$\frac{438228}{2138300}=.204$Therefore, option D is the correct answer.