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The following table shows the imports and exports (in Rs.crore) of a country over 4 years (2016 to 2019).
The average trade balance (in Rs.crores) is
8
12
6
4
Trade balance (in Rs.crores) in 2016 = 130 - 125 = 5 Trade balance (in Rs.crores) in 2017 = 150 - 145 = 5 Trade balance (in Rs.crores) in 2018 = 175 - 165 = 10 Trade balance (in Rs.crores) in 2019 = 200 - 188 = 12
Average trade balance (in Rs.crores) =5+5+10+12/4 = 32/4 = 8
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