In 2012, U.S. net exports were

Question

Quizplus · Accepted Answer

The question is asking for the net exports, which is the difference between exports and imports. If the value of exports is greater than the value of imports, the net exports are positive, and vice versa. The question also gives some information about the size of net exports relative to GDP. According to the International Monetary Fund, in 2012, the U.S. had a trade deficit (negative net exports) of about 3.5% of GDP. Therefore, the best choice is C.

In 2012, U.S. Net Exports Were