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Question
If in an economy the Balance of Trade is showing a deficit of ₹ 200 crore and the value of import is ₹ 900 crore, then the value of exports would be ₹ ______ crore.
Options
200
1100
700
900
MCQ
Fill in the Blanks
Solution
If in an economy the Balance of Trade is showing a deficit of ₹ 200 crore and the value of import is ₹ 900 crore, then the value of exports would be ₹ 700 crore.
Explanation:
Exports = Imports − Deficit
= ₹ 900 − ₹ 200
= ₹ 700 crore.
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