If India exports goods worth Rs 20 crore and imports goods worth Rs 30 crore, it will have a———————-.
A. surplus of Rs 10 crore in balance of trade
B. deficit of Rs 10 crore in balance of trade
C. deficit of ? 50 crore in balance of trade
D. can’t say
Answer:B
If India exports goods worth Rs 20 crore and imports goods worth Rs 30 crore, it will have a———————-.
A. surplus of Rs 10 crore in balance of trade B. deficit of Rs 10 crore in balance of trade C. deficit of ? 50 crore in balance of trade D. can’t say