1.Balance of trade shows the deficit of Rs. 5000 crores. Value of export is Rs.4000 crores. Find out the value of imports? experts pls help
Dear student,
Balance of trade = - Rs.5000 crore
Value of export = Rs.4000 crore
Balance of trade ( deficit ) = value of exports - value of imports
value of imports = value of exports - Balance of trade ( deficit )
value of imports = Rs.4000 crore - ( - Rs.5000 crore )
value of imports = Rs.9000 crore.
Regards,
Balance of trade = - Rs.5000 crore
Value of export = Rs.4000 crore
Balance of trade ( deficit ) = value of exports - value of imports
value of imports = value of exports - Balance of trade ( deficit )
value of imports = Rs.4000 crore - ( - Rs.5000 crore )
value of imports = Rs.9000 crore.
Regards,