Between 2013 and 2014,if an economy's exports rise by $8 billion and its imports fall by $8 billion,by how much will GDP change between the two years,all else equal?

Question

Quizplus · Accepted Answer

When exports rise by $8 billion and imports fall by $8 billion, we see a $16 billion increase in net exports (exports minus imports). Since net exports are part of the calculation for GDP, an increase in net exports will increase GDP by the same amount, therefore GDP will increase by $16 billion.

Between 2013 and 2014,if an Economy's Exports Rise by $8