Net exports are a ____ proportion of GDP and have recently been ____ for the United States.
A)small; positive.
B)small; negative.
C)large; positive
D)large; negative.

Question

Net exports are a ____ proportion of GDP and have recently been ____ for the United States.
A)​small; positive.
B)​small; negative.
C)​large; positive
D)​large; negative.

Quizplus · Accepted Answer

Net exports are the difference between exports and imports of goods and services. A negative net export means that a country is importing more than it is exporting, which implies that domestic demand is being met by foreign production. Recently, the United States has had a negative net export, which means that it is importing more than it is exporting. Historically, net exports have been a relatively small proportion of US GDP.

Net Exports Are a ____ Proportion of GDP and Have