An increase in exports of goods or services with no change in imports of goods or services

Name: An increase in exports of goods or services with no change in imports of goods or services
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An increase in exports of goods or services leads to an increase in GDP as it indicates that more goods and services are being produced for foreign customers, leading to an increase in the country's income and economic activity. The fact that there is no change in imports does not affect the increase in GDP.

An Increase in Exports of Goods or Services with No