-Based on the data in Table 2.2, net exports of goods and services are:

Name: -Based on the data in Table 2.2, net exports of goods and services are:
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Question

Quizplus · Accepted Answer

Net exports of goods and services are calculated as the difference between a country's exports and imports. If imports exceed exports, the net exports figure will be negative, indicating a trade deficit. Thus, -€0.7 trillion is the correct answer, representing a situation where imports exceed exports by €0.7 trillion.

-Based on the Data in Table 2