CAT — Radar / Spider Charts
4 questions, free to view. Click any question to see the answer and explanation.
Five countries engage in trade with each other. Each country levies import tariffs on the other countries. The import tariff levied by Country X on Country Y is calculated by multiplying the corresponding tariff percentage with the total imports of Country X from Country Y.
The radar chart below depicts different import tariff percentages charged by each of the five countries on the others.
For example, US (the blue line in the chart) charges 20%, 40%, 30%, and 30% import tariff percentages on imports from France, India, Japan, and UK, respectively. The bar chart depicts the import tariffs levied by each county on other countries. For example, US charged import tariff of 3 billion USD on UK.
Assume that imports from one country to another equals the exports from the latter to the former.
The trade surplus of Country X with Country Y is defined as follows.
Trade surplus = Exports from Country X to Country Y – Imports to Country X from Country Y.
A negative trade surplus is called trade deficit.
How much is Japan’s export to India worth?
7.0 Billion USD
1.75 Billion USD
16.0 Billion USD
8.5 Billion USD
7.0 Billion USD
From the radar graph, the table below shows the import tariffs (in %) imposed by each country on other countries.
From the bar graph, the table below shows the import tariffs (in Billion USD) imposed by each country on other countries.
India charged an import tariff of 3.5 billion USD on imports from Japan, which is 50% of the total imports. Hence, Japan’s exports to India are worth 7.0 billion USD.
Which among the following is the highest?
Exports by Japan to UK
Exports by France to Japan
Imports by France from India
Imports by US from France
Imports by US from France
From the radar graph, the table below shows the import tariffs (in %) imposed by each country on other countries.
From the bar graph, the table below shows the import tariffs (in Billion USD) imposed by each country on other countries.
Option (1): Exports by Japan to UK = 6 × 1/0.4 = 15 Billion USD
Option (2): Exports by France to Japan = 3 × 1/ 0.3 = 10 Billion USD
Option (3): Imports by France from India = 6.5 × 1/ 0.4 = 16.25 Billion USD
Option (4): Imports by US from France = 6 × 1/0.2 = 30 Billion USD
Hence, option (4) is the correct answer.
What is the trade surplus/trade deficit of India with UK?
Deficit of 15.0 Billion USD
Surplus of 15.0 Billion USD
Surplus of 10.0 Billion USD
Deficit of 10.0 Billion USD
Deficit of 15.0 Billion USD
From the radar graph, the table below shows the import tariffs (in %) imposed by each country on other countries.
From the bar graph, the table below shows the import tariffs (in Billion USD) imposed by each country on other countries.
Import by India from UK = 5 × 1/0.2 = 25 Billion USD
Export from India to UK = 3 × 1/0.3 = 10 Billion USD
Hence, trade deficit of India with UK = 25 – 10 = 15 Billion USD
Among France and UK, who has/have trade surplus(es) with US?
Both France and UK
Only UK
Neither France nor UK
Only France
Only France
From the radar graph, the table below shows the import tariffs (in %) imposed by each country on other countries.
From the bar graph, the table below shows the import tariffs (in Billion USD) imposed by each country on other countries.
Import by France from US = 5.5 × 1/0.3 = 18.33 Billion USD
Export by France to US = 6 × 1/0.2 = 30 Billion USD
So trade surplus of France with US = 30 – 18.33 = 11.66 Billion USD
Import by UK from US = 2.5 × 1/0.2 = 12.5 Billion USD
Export from UK to US = 3 × 1/0.3 = 10 Billion USD
So trade deficit of UK with US = 12.5 – 10 = 2.5 Billion USD
Hence, only France has trade surplus with US.
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