Data Interpretation - Bar Charts - Discussion

Discussion Forum : Bar Charts - Bar Chart 18 (Q.No. 2)
Directions to Solve

Study the following bar charts and answer the questions.

Foreign Trade (Imports and Exports) by countries for the year (1993 - 1994)


2.
How many countries exhibited a trade surplus ?
5
4
3
6
Answer: Option
Explanation:
Out of a total of 12 countries, 8 showed a deficit while 4 showed a surplus.
Discussion:
10 comments Page 1 of 1.

Mahi said:   9 years ago
Thanks for giving explanations.

Kasinath @Hyd said:   1 decade ago
Surplus means More/Profit. It is obtained by Exports.

Surplus= Exports > Imports.

A= 92 > 87.
I= 4002 > 2744.
J= 4038 > 3043.
K= 4453 > 3644.
(10)

Ashwini said:   1 decade ago
Please explain in detail how to calculate of surplus & deficit?

Divya said:   1 decade ago
Please explain in detail how to calculate surplus?

Socky said:   1 decade ago
deficit= imports>exports
surplus=exports>imports
(1)

Divya said:   1 decade ago
Thank you Sam.

Sam said:   1 decade ago
A Deficit occurs when Imports>Exports. When you compare both the graphs for 4 countries Exports>Imports. So, there's a trade surplus in those 4 countries.

Ramya said:   1 decade ago
Please explain in detail about the problem.

Alok said:   1 decade ago
How to calculate Trade Surplus..?

Ramesh said:   1 decade ago
How 8 showed a deficit?

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