If imports are $4 billion and net exports are $4 billion, what must be the value of exports?
A) $0 billion
B) $8 billion
C) $4 billion
D) $2 billion

Question

Quizplus · Accepted Answer

Net exports are calculated as exports minus imports. If net exports are $4 billion and imports are $4 billion, then exports must be $8 billion to satisfy the equation: Exports - Imports = Net Exports, or $8 billion - $4 billion = $4 billion.

If Imports Are $4 Billion and Net Exports Are $4