Net exports of goods and services are defined as the
A)value of the goods we sell to foreigners.
B)income we receive from selling goods to foreigners.
C)value of exports minus the value of imports.
D)value of exports minus the income we receive from foreigners.
E)value of exports plus the income we receive from foreigners.

Question

Quizplus · Accepted Answer

Net exports of goods and services are the difference between the value of exports and the value of imports. It represents the amount by which a country's total exports exceed its total imports. This is also known as the trade balance.

Net Exports of Goods and Services Are Defined as the