Net exports are also called:
A) capital outflows.
B) the trade balance.
C) the current account.
D) foreign aid.
E) government transfers.

Question

Quizplus · Accepted Answer

Net exports refer to the difference between a country’s total exports and total imports of goods and services. This is also called the trade balance. Choice A refers to the outflow of capital from a country, while choice C refers to a broader measure that includes not only net exports but also income flows and unilateral transfers. Choices D and E are different types of international transactions unrelated to net exports.

Net Exports Are Also Called