If an economy's exports are $560 billion and its imports are $730 billion,its net exports are

Name: If an economy's exports are $560 billion and its imports are $730 billion,its net exports are
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Net exports is calculated by subtracting imports from exports. Therefore, net exports in this economy would be $560 billion - $730 billion = -$170 billion. This means that the country is importing more than it is exporting, resulting in a negative balance of trade.

If an Economy's Exports Are $560 Billion and Its Imports