Goods and services produced abroad and sold in the domestic economy are called _____.
A) net exports
B) exports
C) imports
D) transfer payments
Correct Answer:
Verified
Q52: Use the following to answer questions .
Exhibit:
Q53: Use the following to answer questions .
Exhibit:
Q54: A country's exports minus its imports measures:
A)
Q55: Goods and services produced in the domestic
Q56: GDP does NOT include _.
A) government purchases
B)
Q58: The purchases of U.S. products by the
Q59: Use the following to answer questions .
Exhibit:
Q60: A trade deficit occurs when:
A) foreign remittances
Q61: Use the following to answer questions .
Exhibit:
Q62: The gross national product (GNP) of the
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