Calculating Trade balance, Suppose the value of exports of goods of a country is Rs.

Calculating Trade balance

Suppose the value of exports of goods of a country is Rs. 1,000 crores and the value of imports of goods is Rs. 1,200 crores, what will be the trade balance (or balance of trade)?

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Balance of trade = value of exports – value of imports
= 1,000 – 1,200.
= Rs. - 200 crores

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