Gce Model Questions Vol1 2024 Government Question 12
Practice objective / multiple choice question 12 from the 2024 Gce Model Questions Vol1 Government examination.
Country A's three major export markets are X, Y and Z with current export values of \(200\) bn, \(150\) bn and \(100\) bn respectively. A new foreign‑policy package brings three changes: (i) tariffs imposed by market X rise, cutting exports to X by \(15\%\); (ii) a trade agreement with market Y lowers tariffs, raising exports to Y by \(8\%\); (iii) a diplomatic dispute reduces the overall export volume from all markets by \(2\%\). What is the new total export value (in billions) after all three effects are applied?
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About This Question
This is Gce Model Questions Vol1 2024 Government Question 12. It is one of the objective questions from the 2024 Gce Model Questions Vol1 Government examination.
Difficulty level: Hard .
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