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Get access to the detailed solutions to the previous years questions asked in IIFT exam
Explanation:
The given information in table format is as shown below:-
The negative sign in Import/Export signifies Import.
The net external trade of 2006 = 475+125+25 = 625
Net export of 2007 = 450+25 = 475
Net export in 2008 = 400+350 = 750
Net export in 2010 = 250+200+75 = 525
Thus, The external trade was the highest in the year 2008
Hence, option C is the correct answer.