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Total trade of India with Latin America is
- a)2.0%.
- b)1.9%.
- c)2.35%.
- d)4.5%.
Correct answer is option 'B'. Can you explain this answer?
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Total trade of India with Latin America isa)2.0%.b)1.9%.c)2.35%.d)4.5%...
There are 43 countries but India's trade with this region is not very significant.
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Total trade of India with Latin America isa)2.0%.b)1.9%.c)2.35%.d)4.5%...
India's Trade with Latin America
India's trade with Latin America refers to the total value of goods and services exchanged between India and the countries in Latin America. To determine the percentage of India's total trade with Latin America, we need to calculate the ratio of India's trade with Latin America to India's total trade.
Calculating the Percentage of India's Trade with Latin America
To calculate the percentage of India's trade with Latin America, we can use the formula:
Percentage = (Value of India's trade with Latin America / Value of India's total trade) * 100
Answer: The correct answer is option B: 1.9%.
Explanation:
Here, we are given four options: 2.0%, 1.9%, 2.35%, and 4.5%. We need to find the option that represents the correct percentage of India's trade with Latin America.
To calculate the percentage, we need to know the value of India's trade with Latin America and the value of India's total trade. Unfortunately, the question does not provide us with these values. Therefore, we cannot calculate the exact percentage.
However, we can make an estimation based on the available options. We can eliminate options 2.35% and 4.5% as they are higher percentages and are unlikely to represent the trade volume between India and Latin America accurately. This leaves us with options 2.0% and 1.9%.
Considering the close proximity of both options, it is likely that the correct answer is the lower percentage, i.e., 1.9%. This is because a higher percentage would imply a significant trade volume, which may not be the case for India's trade with Latin America.
Therefore, the correct answer is option B: 1.9%.
Please note that this is an estimation based on the available options, and the exact percentage may vary depending on the actual trade data.
India's trade with Latin America refers to the total value of goods and services exchanged between India and the countries in Latin America. To determine the percentage of India's total trade with Latin America, we need to calculate the ratio of India's trade with Latin America to India's total trade.
Calculating the Percentage of India's Trade with Latin America
To calculate the percentage of India's trade with Latin America, we can use the formula:
Percentage = (Value of India's trade with Latin America / Value of India's total trade) * 100
Answer: The correct answer is option B: 1.9%.
Explanation:
Here, we are given four options: 2.0%, 1.9%, 2.35%, and 4.5%. We need to find the option that represents the correct percentage of India's trade with Latin America.
To calculate the percentage, we need to know the value of India's trade with Latin America and the value of India's total trade. Unfortunately, the question does not provide us with these values. Therefore, we cannot calculate the exact percentage.
However, we can make an estimation based on the available options. We can eliminate options 2.35% and 4.5% as they are higher percentages and are unlikely to represent the trade volume between India and Latin America accurately. This leaves us with options 2.0% and 1.9%.
Considering the close proximity of both options, it is likely that the correct answer is the lower percentage, i.e., 1.9%. This is because a higher percentage would imply a significant trade volume, which may not be the case for India's trade with Latin America.
Therefore, the correct answer is option B: 1.9%.
Please note that this is an estimation based on the available options, and the exact percentage may vary depending on the actual trade data.
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Total trade of India with Latin America isa)2.0%.b)1.9%.c)2.35%.d)4.5%.Correct answer is option 'B'. Can you explain this answer?
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