Reference no: EM131236678
Consider the following data on flows of exports and imports among three nations, and suppose that the “world” is composed solely of these countries:
*Country A exports to country B: $35 million
*Country A exports to country C:$25 million
*Country B exports to country A: 30 million
*Country B exports to country C:$25 million
*Country C exports to country A:$20 million
*Country C exports to country B: $40 million
Calculate the following as a share of total world trade. Express your answers as percentages and round to the nearest tenth of a percent. A
A. Country A’s trade with Country B
B. Country A’s trade with country C
C. Country B’s trade with country C
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