Exhibit 11-1

-Refer to Exhibit 11-1.What is this country's net exports?

Question

Exhibit 11-1
 
-Refer to Exhibit 11-1.What is this country's net exports?

Quizplus · Accepted Answer

Net exports are calculated as the value of exports minus the value of imports. In this exhibit, the value of exports is $150 and the value of imports is $115. Therefore, the net exports are $150 - $115 = $35. However, since the question is asking for this country's net exports, we need to consider the sign. Since the value of imports is greater than the value of exports, this country has a trade deficit, which means its net exports are negative. Therefore, the correct answer is B) $-35.

Exhibit 11-1 -Refer to Exhibit 11-1.What Is This Country's Net Exports