Question

If balance of trade is showing a deficit of Rs 200 crore and the value of exports is Rs 700 crore, then, the value of imports would be:

• A. Rs 900 crore
• B. Rs 700 crore
• C. Rs 500 crore
• D. Rs 200 crore

Answer 1

The correct option is A

Rs 900 crore

Imports = Exports - Balance of Trade = 700 - (-200) = 900