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book Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue cover

Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue

Edition 2ISBN: 978-0073511313
book Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue cover

Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue

Edition 2ISBN: 978-0073511313
Exercise 5
Suppose foreigners spend $7 billion on U.S. exports in a specific year and Americans spend $5 billion on imports from abroad in the same year. What is the amount of the United States' net exports Explain how net exports might be a negative amount.
Explanation
Verified
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In national income accounting, internati...

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Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue
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