Calculate the value of imports when the balance of trade (merchandise) is (-) Rs 800 crores and the value of exports is Rs 500 crores.
Balance of Trade = Value of exports - Value of imports
(-) Rs 800 crores = Rs 500 crores - Value of imports
Value of imports = Rs 500 crores + Rs 800 crores
= Rs 1,300 crores.
Value of imports = Rs 1,300 crores.