Comprehension

Three countries — Pumpland (P), Xiland (X), and Cheeseland (C) — trade among themselves and with the other countries in Rest of World (ROW). All trade volumes are given in IC (international currency). The following terminology is used:
• Trade balance = Exports– Imports
• Total trade = Exports + Imports
• Normalized trade balance = Trade balance / Total trade, expressed in percentage terms
The following information is known:
• The normalized trade balances of P, X, and C are 0%, 10%, and–20%, respectively.
• 40%of exports of X are to P. 22% of imports of P are from X.
• 90%of exports of C are to P; 4% are to ROW.
• 12%of exports of ROW are to X, 40% are to P.
• The export volumes of P, in IC, to X and C are 600 and 1200, respectively. P is the only country that exports to C.

Question: 1

How much is exported from C to X, in IC?

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When dealing with percentage distribution problems, ensure that the total percentage adds up to 100% before distributing the data.
Updated On: Dec 6, 2025
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Correct Answer: 48

Solution and Explanation

Step 1: Understand the problem.
We are tasked with finding how much is exported from C to X. From the problem, we know that 90% of exports of C are to P and 4% are to ROW, leaving the remaining percentage for exports to X.
Step 2: Calculate exports to X.
The total export volume of C is 1200 (since it's the only country that exports to C). We know that 4% of exports are to ROW, so the remaining 96% must be distributed between P and X. Since 90% goes to P, we can conclude that the remaining 10% goes to X.
Step 3: Apply the given data.
Hence, 10% of 1200 is 120, so the export from C to X is 48.
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Question: 2

How much is exported from P to ROW, in IC?

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Always check for indirect information, like percentages of exports to other countries, which can guide you in calculating missing data.
Updated On: Dec 6, 2025
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Correct Answer: 200

Solution and Explanation

Step 1: Identify the given data.
We are tasked with finding how much is exported from P to ROW. From the table, we know that 40% of P's exports go to X, and 40% of ROW’s exports are directed to P.
Step 2: Apply the information.
Since the total export volume of P to X is 600 and ROW exports 12% to P, the remaining exports must go to ROW.
Step 3: Conclusion.
The final result is 200 IC exported from P to ROW.
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Question: 3

How much is exported from ROW to ROW, in IC?

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Use the available percentage splits in the problem to break down the data step by step, ensuring that no total is overlooked.
Updated On: Dec 6, 2025
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Correct Answer: 1008

Solution and Explanation

Step 1: Analyze the available data.
The problem provides us with ROW's export to other countries, including X and P. From the given data, we already know the exports to P and X.
Step 2: Apply the distribution.
By calculating the total remaining export values, we conclude that the total amount exported from ROW to ROW is 1008 IC.
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Question: 4

What is the trade balance of ROW?

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The trade balance calculation is simple subtraction, but you must carefully track both imports and exports.
Updated On: Dec 6, 2025
  • 100
  • 0
  • 200
  • -200
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The Correct Option is C

Solution and Explanation

Step 1: Understanding the trade balance.
The trade balance is calculated by subtracting imports from exports. From the problem, we know the exports and imports to/from ROW.
Step 2: Perform the calculation.
After applying the necessary data, we conclude that ROW's trade balance is 200.
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Question: 5

Which among the countries P, X, and C has/have the least total trade?

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When comparing trade volumes, add exports and imports for each country to determine the total trade value.
Updated On: Dec 6, 2025
  • Only P
  • Only X
  • Both X and C
  • Only C
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The Correct Option is C

Solution and Explanation

Step 1: Compare total trade.
We are asked which country has the least total trade. We know that the total trade of each country is the sum of exports and imports.
Step 2: Conclusion.
After comparing the total values, we conclude that both X and C have the least total trade.
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