Question

Net exports can be defined as: a exports minus imports. b exports plus imports. c imports divided by exports. d exports divided by imports. e imports minus exports.

Answer 1

Goods are exported for sale to other countries and net exports is exports minus imports.

What is Net exports?

Net export is a component of gross domestic products and is estimated by subtracting the value of exports minus the value of imports.

The value of import is computed from the goods that were bought from another country while export value is the total number of goods sold out to other countries.

Therefore, net exports is exports minus imports.

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