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Question
The balance of trade shows a deficit of ₹5,000 crores and the value of imports are ₹9,000 crores. What is the value of exports?
Options
₹5,000 crores
₹4,000 crores
₹3,000 crores
₹1,000 crores
MCQ
Solution
₹4,000 crores
Explanation:
Balance of Trade = -₹5,000 crores
Value of Imports = ₹9,000 crores
Balance of Trade (Deficit) = Value of Exports - Imports
Value of Exports = Balance of Trade (Deficit) + Imports = -₹5,000 crores + ₹9,000 crores = ₹4,000 crores
shaalaa.com
Balance of Payments - Balance of Payments Surplus and Deficit
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