2021 A/L Economics – Past Paper MCQ 37

Sanath Withanage

Question:

Which of the following options correctly indicates the composition of imports in Sri Lanka at present?
(1) Consumer goods: 20%; Intermediate goods: 57%; Investment goods: 23%
(2) Consumer goods: 22%; Intermediate goods: 60%; Investment goods: 18%
(3) Consumer goods: 24%; Intermediate goods: 45%; Investment goods: 31%
(4) Consumer goods: 25%; Intermediate goods: 51%; Investment goods: 24%
(5) Consumer goods: 28%; Intermediate goods: 49%; Investment goods: 23%

Correct Answer:

(1)

Answer Explanation:

Sri Lanka’s import expenditure is structurally dominated by intermediate goods (such as fuel, textiles for apparel, and chemical inputs), followed by investment goods (machinery and building materials), with consumer goods making up the smallest share of the three main categories.


Topic: Sri Lankan Economy Year: 2021

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