In the national income accounts, net exports equal:
A) exported goods minus imported goods.
B) exported goods and services minus imported goods and services.
C) exported goods minus imported services.
D) exported goods and services plus imported goods and services.

Question

Quizplus · Accepted Answer

Net exports are calculated as the value of goods and services exported by a country minus the value of goods and services imported by that country. Therefore, the correct option is B, which subtracts imported goods and services from exported goods and services.

In the National Income Accounts, Net Exports Equal