Asked by
terry bryant
on Oct 13, 2024Verified
Net exports is a positive number whenever
A) a nation's exports of goods and services exceed its imports.
B) a nation's imports of goods and services exceed its exports.
C) the nation's gross investment is positive.
D) the nation's gross savings rate is positive.
Net Exports
The difference between a country's total value of exports and total value of imports. If exports exceed imports, net exports are positive; if imports exceed exports, net exports are negative.
Exports
Goods or services produced in one country and sold to buyers in another, contributing to a country's total economic output.
Imports
Goods or services that are brought into a country from abroad for sale.
- Grasp the aspects and impact of net exports within the context of a country's economy.
Verified Answer
LD
Learning Objectives
- Grasp the aspects and impact of net exports within the context of a country's economy.