Net exports are defined as:
A)exports plus imports.
B)exports minus imports.
C)imports minus exports.
D)exports plus imports minus tariffs.

Question

Net exports are defined as:
A)​exports plus imports.
B)​exports minus imports.
C)​imports minus exports.
D)​exports plus imports minus tariffs.

Quizplus · Accepted Answer

Net exports are calculated by subtracting the value of imports from the value of exports. So, the correct option is B, which states exports minus imports. Option A is incorrect because it adds imports and exports, while option C is incorrect as it subtracts exports from imports. Option D is not correct as it includes tariffs, which can further complicate the calculation.

Net Exports Are Defined As