If the value of export of goods of a country is ₹ 1,000 crores and the value of import of goods is ₹ 1,200 crores, how much will be the trade balance (or balance of trade)?
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BoT = Exports – Imports
= 1,000 - 1,200 = (-) ₹ 200 crores
= 1,000 - 1,200 = (-) ₹ 200 crores
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