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Get access to the detailed solutions to the previous years questions asked in IIFT exam
Explanation:
We can see that the share of the EU has decreased in global import for Office and telecom equipments and thus, option A is incorrect.
We can see that the global export share has remained same for 3 countries:- Malaysia(Automotive products), India(IC and EC) and South Korea(Clothing Products). Thus, option B is incorrect.
We can see that the global import share has remained same for 3 countries:- China(Clothing products), Thailand(Clothing products) and South Korea(IC and EC). Thus, option C is also incorrect.
The share of India in importing chemical products has increased by 125% which is greater than any other countries share.
Hence, option D is the correct answer.