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The table gives the amount (in billions of dollars) of Country As trade in selected goods and services with Country B and Co

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Answer #1

(a) Country B matrix of A's trade:

Exports Imports
food 24.2 17.3
beveg. 1.8 0.9
crude 8.3 12.9
fuels 17.9 105.6
chemicals 33.7 26.8
goods 36.4 37.5
machinery 131.1 91.5

(b) Country C matrix of A's trade:

Exports Imports
13.7 14.1 food
0.1 3.2 beveg.
6.7 1.3 crude
23.9 40.1 fuels
25.5 4.8 chemicals
26.4 19.4 goods
90.6 159.3 machinery

(c) Sum of country A's total trade with B & C:

Exports Imports
food 37.9 31.4
beveg. 1.9 4.1
crude 15 14.2
fuels 41.8 145.7
chemicals 59.2 31.6
goods 62.8 56.9
machinery 221.7 250.8

(d) Difference of country A's total trade with B & C:

Exports Imports
food 10.5 3.2
beveg. 1.7 -2.3
crude 1.6 11.6
fuels -6 65.5
chemicals 8.2 22
goods 10 18.1
machinery 40.5 -67.8
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