Which of the following would result in positive net exports for Canada?
A)Exports of goods = $725 billion Imports of goods = $790 billion
Exports of services = $350 billion
Imports of services = $260 billion
B)Exports of goods = $625 billion Imports of goods = $625 billion
Exports of services = $300 billion
Imports of services = $375 billion
C)Exports of goods = $550 billion Imports of goods = $575 billion
Exports of services = $275 billion
Imports of services = $300 billion
D)All of the above will result in a trade surplus.

Question

Quizplus · Accepted Answer

In option A, the total exports ($725 billion + $350 billion = $1075 billion) exceed the total imports ($790 billion + $260 billion = $1050 billion), resulting in positive net exports or a trade surplus for Canada.

Which of the Following Would Result in Positive Net Exports