Economy, asked by tenzinsonam1722, 7 months ago

Q.8 If the value of exports of a country is
11600 crore, how much will be the trade
balance ?

Answers

Answered by jay14prakash

Answer:

The balance of trade, commercial balance, or net exports, is the difference between the monetary value of a nation's exports and imports over a certain time period. Sometimes a distinction is made between a balance of trade for goods versus one for services.

Explanation:

BoT = Total exports of a nation -- Total import of that nation in a certain time period

= 11600 cr - Total import

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