Suppose that a country exports $200 million of goods and services and imports $120 million of goods and services. What is the value of that country's net exports?

Question

Quizplus · Accepted Answer

Net exports is calculated by subtracting the value of imports from the value of exports. Therefore, the value of net exports in this case would be $80 million, which is the difference between $200 million of exports and $120 million of imports.

Suppose That a Country Exports $200 Million of Goods and Services