Question

Net exports are defined as the​ ___________. A. value of foreign assets held by domestic individuals minus the value of domestic assets held by foreigners. B. value of the​ country's exports minus the value of its imports. C. value of the​ country's imports minus the value of its exports. D. sum of​ exports, factor payments from​ abroad, and transfers from abroad minus​ imports, factor payments to​ foreigners, and transfers to foreigners.

Answer 1

B. value of the​ country's exports minus the value of its imports

Step-by-step explanation:

That is the definition of net exports in economics: the value of a nation's total exported goods and services minus the value of all imported goods and services (NX = EX - IM)

Net exports could be positive or negative, depending on whether exports are larger or smaller than imports

It is seen frequently in talking about GDP, with the national income of an open economy being the sum of Governemnt Spending, Consumption, Investment and Net Export (Y = G + C + I + EX - IM)