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Calculate the normalised trade weight for the uk share

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Reference no: EM132976820

You are given the following information:

US's share of Australia's two-way merchandise trade 14%

UK's share of Australia's two-way merchandise trade 5%

Problem 1: Calculate the normalised trade weight for the UK's share of Australia's two-way merchandise trade.

a. 5.00%

b. 26.32%

c. 14.00%

d. 35.71%

Reference no: EM132976820

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