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Katena32 [7]
3 years ago
11

​India's Current Account. Use the following balance of payments data for India from the​ IMF: LOADING.... What is​ India's balan

ce on services for years ​, ​, and ​? The balance on services for year is​ (in millions) ​$ nothing. ​(Round to the nearest integer and enter any deficit with a negative​ sign.) The balance on services for year is​ (in millions) ​$ nothing. ​(Round to the nearest integer and enter any deficit with a negative​ sign.) The balance on services for year is​ (in millions) ​$ nothing. ​(Round to the nearest integer and enter any deficit with a negative​ sign.)

Business
1 answer:
s344n2d4d5 [400]3 years ago
3 0

Answer:

  • 2004 ⇒ $2,640 million
  • 2009 ⇒ $12,540 million
  • 2014  ⇒  $18,655 million

Explanation:

2004 balance on services

= Services Credit, (exports) - Services Debit, (imports)

= 38,281 - 35,641

= $2,640 million

2009

= 92,889 - 80,349

= $12,540 million

2014

= 156,252 - 137,597

= $18,655 million

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