DIRECTIONS for questions: Read the information given below and answer the question that follows.

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?

The correct answer is 7.0 Billion USD.

To find the value of Japan's export to India, we must first understand the relationship between exports, imports, and tariffs as defined in the problem description.

According to the provided text, the imports of one country from another are equal to the exports of the latter to the former. Therefore, Japan's exports to India are exactly equal to India's imports from Japan.

The problem states the formula for calculating the import tariff:

$\text{Import Tariff levied by India on Japan}=\text{Tariff Percentage}\times \text{Total Imports of India from Japan}$

We can rearrange this formula to solve for the total imports:

$\text{Total Imports of India from Japan}=\frac{\text{Import Tariff levied by India on Japan}}{\text{Tariff Percentage}}$

By analyzing the provided bar chart, we look for the specific bar representing the import tariff levied by India on imports from Japan. The height of this bar indicates an import tariff of 1.4 billion USD.

Next, we refer to the provided radar chart to find the corresponding tariff percentage that India charges on imports from Japan. By locating the data point on the radar chart for India's line along the Japan axis, we observe that the tariff percentage is 20% (which can be written as the decimal 0.20).

Now, we substitute these specific data points into our rearranged formula:

$\text{Total Imports}=\frac{1.4\text{Billion USD}}{0.20}$

$\text{Total Imports}=7.0\text{Billion USD}$

Since India's total imports from Japan are equal to Japan's total exports to India, the worth of Japan's export to India is precisely 7.0 Billion USD.