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VALUE OF IMPORTS TO AND EXPORTS FROM COUNTRY T, 2000-2009[img]2014m9x/ct_egreqj
VALUE OF IMPORTS TO AND EXPORTS FROM COUNTRY T, 2000-2009[img]2014m9x/ct_egreqj
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2024-01-12
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问题
VALUE OF IMPORTS TO AND EXPORTS FROM COUNTRY T, 2000-2009
[br] Medium Question
In 2008 the value of exports was approximately what percent greater than the value of imports?
选项
A、0.4
B、0.6
C、0.7
D、1.2
E、1.4
答案
E
解析
The difference between the value of exports and the value of imports expressed as a percent of the value of imports is
In 2008 the value of imports was approximately $5 billion and the value of exports was approximately $12 billion, so the value of the fraction is approximately
, or 7/5.
Since the fraction is greater than 1, expressing it as a percent will give a percent greater than 100. The fraction is equal to 1.4, or 140 percent. The correct answer is Choice E.
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