CAT 2000 | Question: 147

Question

Answer the following question based on the information given below.

FEI for a country in a year, is the ratio (expressed as a percentage) of its foreign equity inflows to its GDP. The following figure displays the FEIs for select Asian countries for the years $1997$ and $1998$. 

Based on the data provided, it can be concluded that

• A. absolute value of foreign equity inflows in $1998$ was higher than that in $1997$ for both Thailand and South Korea.
• B. absolute value of foreign equity inflows was higher in $1998$ for Thailand and lower for China than the corresponding values in $1997$.
• C. absolute value of foreign equity inflows was lower in $1998$ for both India and China than the corresponding value in $1997$.
• D. none of the above can be inferred.

Comments

it would be inconclusive as we don't know what is the gdp in both years. For all option $a,b,c$ counter examples can be given.

hence, I believe option $D$ is correct.

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can someone explain what it mean by the absoulte value of foreign equity inflows ?

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@buriburizaemon In the question FEI is defined as (A / GDP) where A is the absolute value of foreign equity inflows.