Suppose that net exports are -$300 billion and exports are $500 billion.Imports must be equal to
A)$800 billion.
B)$400 billion.
C)$200 billion.
D)-$200 billion.
E)There is not enough information to answer this question.

Question

Quizplus · Accepted Answer

Net exports are calculated as exports minus imports. Given net exports are -$300 billion and exports are $500 billion, imports must be $800 billion to satisfy the equation: $500 billion - $800 billion = -$300 billion.

Suppose That Net Exports Are -$300 Billion and Exports Are