Consider the following data on flows of exports and imports


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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Business Economics: Consider the following data on flows of exports and imports
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