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प्रश्न
If a country exports goods worth of ₹600 crores and imports goods worth of ₹450 crores, the value of Balance of Trade of the country would be ______ of ₹ ______ crores.
पर्याय
deficit, 150
surplus, 150
deficit, 1,050
surplus, 1,050
MCQ
रिकाम्या जागा भरा
उत्तर
If a country exports goods worth of ₹600 crores and imports goods worth of ₹450 crores, the value of Balance of Trade of the country would be surplus of ₹ 150 crores.
Explanation:
Balance of Trade (BOT) is calculated using the formula:
BOT = Exports − Imports
= 600 − 450
= 150 crores
∴ Balance of Trade = 150 crores
Since exports exceed imports, the country has a trade surplus of ₹150 crores.
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