Suppose a country had $2.4 billion of net exports and bought $4.8 billion of goods and services from foreign countries.This country would have
A)$7.2 billion of exports and $4.8 billion of imports.
B)$7.2 billion of imports and $4.8 billion of exports.
C)$4.8 billion of exports and $2.4 billion of imports.
D)$4.8 billion of imports and $2.4 billion of exports.

Question

Quizplus · Accepted Answer

Net exports are calculated as exports minus imports. Given net exports of $2.4 billion and imports of $4.8 billion, exports must be $7.2 billion.

Suppose a Country Had $2