Asked by Carlos Murray on Jul 18, 2024
Verified
Net exports equals _____.
A) the value of exports minus the value of imports
B) the value of imports minus the value of exports
C) the value of imports minus tariffs
D) the value of exports minus tariffs
E) the value of exports plus the value of imports minus depreciation
Net Exports
The value of a country's total exports minus its total imports.
Imports
Goods and services purchased from other countries.
- Interpret the effects of external trade activities and government transactions on GDP.
Verified Answer
BH
Brady HearstJul 23, 2024
Final Answer :
A
Explanation :
Net exports is the difference between the value of a country's exports and the value of its imports. Since exports are represented as a positive value and imports as a negative value in the calculation, subtracting imports from exports will give the net export value. Therefore, the correct choice is A.
Learning Objectives
- Interpret the effects of external trade activities and government transactions on GDP.