Balance of Trade = Exports- Imports Imports= Exports – Balance of trade= 400-(-160)=560 OR Imports= Exports + net imports = 400+160=560 Ans Rs 560 crores
What will be the value of imports, if the net imports are Rs 160 crores and the value of exports are Rs 400 crores.
Answers
SWAPNIL
Balance of Trade = Exports- Imports
Imports= Exports – Balance of trade= 400-(-160)=560
OR Imports= Exports + net imports = 400+160=560 Ans Rs 560 crores