Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2. The following datasets represent the level of exports for two countries. Country A Exports (R billion) 2015 1005 2016 2017 2018 1 089
2. The following datasets represent the level of exports for two countries. Country A Exports (R billion) 2015 1005 2016 2017 2018 1 089 1: 102 1 190 Country B Exports (R billion) 2015 1010 2016 1045 2017 1 066 2018 1 076 If in 2019 the level of exports for country A increases by 10% and that for country B by 12%.... 1. the level of exports for country B will be greater than that for country A, since exports increase by 12% for country B while for country A it only increase by 10%. 2. the level of exports will be the same for both countries in spite of the fact that the growth rates differ. 3. the level of exports for country A will be higher than that for country B in spite of the lower growth rate for country A. 4. the level of exports for country A will be smaller than for country B, since the level of exports was lower in 2015 for country A.
Step by Step Solution
★★★★★
3.39 Rating (158 Votes )
There are 3 Steps involved in it
Step: 1
Option 3 The export of country A in 2018 was 1190 billion and in has in...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started