Question

A BOT (Balance of Trade) surplus occurs when:

विकल्प

• Exports > Imports

• Receipts < Payments on the current account

• Exports = Imports

• Imports > Exports

Answer 1

A BOT surplus exists when the value of exports of goods exceeds the value of imports of goods (Exports > Imports). Conversely, when Imports > Exports, the Balance of Trade is in deficit.