Exports =1000 lakh imports= 1650 lakh bot shows

Question

1.58K viewsAugust 26, 2021Balance of PaymentsBop

0

Aishwarya sharma 54 August 21, 2021 0 Comments

A surplus of 650 lakh

';

B deficit of 650 lakh

C balance of 2650 lakh

D none

score 0 · Answer 1 · 2021-08-26T08:13:29+00:00

0

Ans – B)

';

Solution:-

Balance of Trade (BoT) = Exports of goods – Imports of goods

BOT = 1000 – 1650

BoT = – 650 lakh

Negative BoT is called Deficit BoT as import of goods are more than the exports of goods.

Archives