The difference between export spending on domestically produced goods and services by individuals in other countries and import spending on foreign produced goods and services by domestic residents is called:

Question

Quizplus · Accepted Answer

Net export expenditure is the difference between the total value of goods and services exported by a country and the total value of goods and services imported by the same country. It is calculated by subtracting import expenditure from export expenditure. Therefore, option A is the correct answer.

The Difference Between Export Spending on Domestically Produced Goods and Services