What was the percentage increase in imports from 1997 to 1998 ? ?->(Show Answer!)

1. What was the percentage increase in imports from 1997 to 1998 ?

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MCQ->It is known that China’s GDP in 1998 was 7% higher than its value in 1997, while India’s GDP drew by 2% during the same period. The GDP of South Korea, on the other hand, fell by 5%.Which of the following statements is/are true?[list=1][*]Foreign equity inflows to China were higher in 1998 than in 1997.[*]Foreign equity inflows to China were lower in 1998 than in 1997.[*]Foreign equity inflows to India were higher in 1998 than in 1997.[*]Foreign equity inflows to South Korea decreased in 1998 relative to 1997.[*]Foreign equity inflows to South Korea increased in 1998 relative to 1997,[/list]....

MCQ-> Exhibit I as under provides the data of India's Merchandize Imports (Billion US Dollar) on left axis and Percentage of Food: Fuel, Manufactures and Ores & Metals lmports of India's on the right axis. Similarly; Exhibit 2 provides data of India's Merchandize Exports (Billion US Dollar) on left axis and Percentage exports of Food, Fuel, Manufactures and Ores & Metals on the right axis. Attempt the questions in the context of information provided as under:A.Trade Balance = Import Minus Exports b:Trade Deficit If Imports are more than Exports c:TradeSurplus= If Exports are more than ImportsExhibit 1: India's Total Merchandize Imports (US Dollar in Billion) and Percentage Imports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)

Exhibit 2: India's Total Merchandize Exports (US Dollar in Billion) and Percentage Exports of Food, Fuel, Manufacturers and Ores and Metals (2012 - 2016)

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MCQ-> Directions for the next 4 questions: Answer these questions based on the table below:The table shows trends in external transactions of Indian corporate sector during the period 1993-94 to 1997-98. In addition, following definitions hold good:Sales, Imports, and Exports, respectively denote the sales, imports and exports in year i.Deficit in year I, Deficit1 = Imports - ExportsDeficit Intensity in year I, DI = Deficit/Sales Growth rate of deficit intensity in year I, GDI = $$\frac{DI_i - DI_{i-1}}{DI_{i-1}}$$Further, note that all imports are classified as either raw material or capital goods. Trends in External Transactions of Indian Corporate Sector (All figures in %)

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What is the region with which India had the highest total trade in 1997-98?
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