The trade deficit has increased by 5 percent in 2014 as compared to the previous year 2013.
Trade deficit in 2014
(Exports in 2014 – Imports in 2014) = 1.05 * (Exports in 2013 – Imports in 2013)
Now, Imports in 2014 = Imports in 2013 = z
28950 – z = 1.05 * (Exports in 2023 – z)
We have two variables in one equation.
The data is insufficient to answer the question.
Hence, option (d).
<p> (d)</p><p>The trade deficit has increased by 5 percent in 2014 as compared to the previous year 2013.</p><p>Trade deficit in 2014</p><p><span class="mathml" contenteditable="false"> <math> <mrow><mo>=</mo> <mi>T</mi><mi>r</mi><mi>a</mi><mi>d</mi><mi>e</mi> <mi>d</mi><mi>e</mi><mi>f</mi><mi>i</mi><mi>c</mi><mi>i</mi><mi>t</mi> <mi>i</mi><mi>n</mi> <mn>2</mn><mn>0</mn><mn>1</mn><mn>3</mn> <mo>+</mo><mfrac><mrow><mn>5</mn></mrow><mrow><mn>1</mn><mn>0</mn><mn>0</mn></mrow></mfrac><mo stretchy="false"> (</mo><mi>T</mi><mi>r</mi><mi>a</mi><mi>d</mi><mi>e</mi><mtext>? </mtext><mi>d</mi><mi>e</mi><mi>f</mi><mi>i</mi><mi>c</mi><mi>i</mi><mi>t</mi><mtext>? </mtext><mi>i</mi><mi>n</mi><mtext>? </mtext><mn>2</mn><mn>0</mn><mn>1</mn><mn>3</mn><mtext>? </mtext><mtext>? </mtext><mo stretchy="false">)</mo></mrow> </math> </span></p><p><span class="mathml" contenteditable="false"> <math> <mrow><mo>=</mo> <mi>T</mi><mi>r</mi><mi>a</mi><mi>d</mi><mi>e</mi> <mi>d</mi><mi>e</mi><mi>f</mi><mi>i</mi><mi>c</mi><mi>i</mi><mi>t</mi> <mi>i</mi><mi>n</mi> <mn>2</mn><mn>0</mn><mn>1</mn><mn>4</mn> =<mfrac><mrow><mn>1</mn><mn>0</mn><mn>5</mn><mo stretchy="false"> (</mo><mi>T</mi><mi>r</mi><mi>a</mi><mi>d</mi><mi>e</mi><mtext>? </mtext><mi>d</mi><mi>e</mi><mi>f</mi><mi>i</mi><mi>c</mi><mi>i</mi><mi>t</mi><mtext>? </mtext><mi>i</mi><mi>n</mi><mtext>? </mtext><mn>2</mn><mn>0</mn><mn>1</mn><mn>3</mn><mtext>? </mtext><mtext>? </mtext><mo stretchy="false">)</mo></mrow><mrow><mn>1</mn><mn>0</mn><mn>0</mn></mrow></mfrac></mrow> </math> </span></p><p> (Exports in 2014 – Imports in 2014) = 1.05 * (Exports in 2013 – Imports in 2013)</p><p>Now, Imports in 2014 = Imports in 2013 = z</p><p>28950 – z = 1.05 * (Exports in 2023 – z)</p><p>We have two variables in one equation.</p><p>The data is insufficient to answer the question.</p><p>Hence, option (d).</p>
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