CAT 2025 Slot 3 DILR · Question 22
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.
1. The normalized trade balances of P, X and C are 0%,
10%, and –20%, respectively.
2. 40% of exports of X are to P. 22% of imports of P are
from X.
3. 90% of exports of C are to P; 4% are to ROW.
4. 12% of exports of ROW
are to X, 40% are to P.
5. 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.
Which among the countries P, X, and C has/have the least total trade?
- A.Both X and C
- B.Only X
- C.Only C
- D.Only P
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