Net exports of a country are:
A) the same as exports
B) the value of imports minus the value of exports
C) the value of exports minus the value of imports
D) the same as imports
Correct Answer:
Verified
Q23: The trade balance is:
A) domestically produced goods
Q24: When David, an Australian, buys a box
Q24: An open economy's GDP is shown by:
A)Y
Q25: Which of the following factors does not
Q30: If the nominal exchange rate is e,
Q31: If the exchange rate changes from 100
Q32: In an open economy:
A) Saving = Foreign
Q36: If a government does not pay interest
Q39: If a country sells more goods and
Q40: Positive net exports signal that the:
A)country has
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