Gross exports depend on the behavior of foreign businesses and consumers.
The amount of exports the United States sells depends on how well consumers and businesses are doing overseas; a recession will leave them with less income so they will buy fewer U.S.exports.Likewise,U.S.imports depend directly on the U.S.economy.Higher U.S.incomes mean more consumption of both U.S.GDP as well as foreign production.

Question

Quizplus · Accepted Answer

The statement is correct in stating that gross exports depend on the behavior of foreign businesses and consumers, and U.S. imports depend directly on the U.S. economy and consumers' incomes.

Gross Exports Depend on the Behavior of Foreign Businesses and Consumers