Exports are subtracted from imports in calculating U.S. GDP because exports are not available for
domestic consumption.

Name: Exports are subtracted from imports in calculating U.S. GDP because exports are not available for domestic consumption.
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Question

Quizplus · Accepted Answer

Exports are added to GDP because they are produced domestically and sold to foreigners, while imports are subtracted because they are produced abroad and consumed domestically.

Exports Are Subtracted from Imports in Calculating U