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The balance of trade shows a deficit of ...

The balance of trade shows a deficit of Rs 5000 crores and value of imports is Rs 9000 crore. What is the value of exports?

Text Solution

Verified by Experts

Balance of trade = Exports - Imports
`(-)` Rs 5000 = Exports - Rs 9000 crore
or Exports =Rs 400 crore
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