Suppose that a country exports $300 million of goods and services and imports $180 million of goods and services.What is the value of that country's net exports?

Question

Quizplus · Accepted Answer

Net exports is calculated by subtracting the value of imports from the value of exports.
Net exports = Exports - Imports
Net exports = $300 million - $180 million
Net exports = $120 million

Therefore, the value of the country's net exports is $120 million, which corresponds to option B.

Suppose That a Country Exports $300 Million of Goods and Services