Trade Network
Three countries — Pumpland (P), Xiland (X) and Cheeseland (C) — trade among themselves and with the (other countries in) Rest of World (ROW). All trade volumes are given in IC (international currency). The following terminology is used: • Trade balance = Exports – Imports • Total trade = Exports + Imports • Normalized trade balance = Trade balance / Total trade, expressed in percentage terms The following information is known. 1. The normalized trade balances of P, X and C are 0%, 10%, and –20%, respectively. 2. 40% of exports of X are to P. 22% of imports of P are from X. 3. 90% of exports of C are to P; 4% are to ROW. 4. 12% of exports of ROW are to X, 40% are to P. 5. The export volumes of P, in IC, to X and C are 600 and 1200, respectively. P is the only country that exports to C.
How much is exported from C to X, in IC?