Open Economy Macroeconomics
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BOT shows a deficit of र 5,000 crores and value of imports are र 9,000 crores.
What is the value of exports?
BOT = Value of exports – Value of imports
–5,000 = Value of exports – 9,000
Value of exports = 9,000 – 5,000 = 4,000 crores
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What is meant by Balance of Payments Account?
What are the features of
Balance of Payment Account?
What is meant by visible and invisible items in BOP Account? Give two examples of
invisible items.
The value of a country’s import of goods is र 200 crores, and value of export is र 250 crores. Find out its BOT.
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