An Imaginary Balance of Payment situation is given in the table
| No. |
Items |
Value (in Crores) |
| 1. |
Exports |
12801 |
| 2. |
Imports |
19103 |
| 3. |
Trade Balance |
...... |
| 4. |
Invisible Trade (Net) |
5304 |
| 5. |
Current Account Balance |
..... |
(a) Find out the trade balance, explain the concept.
(b) Calculate the Current Account Balance, comment about the figure.
