Question

Net exports equal?

1) exports plus imports
2) y - (c - i - g)
3) y - (c i g)
4) imports minus exports

Answer 1

The correct answer is 1) exports plus imports. Net exports refer to the difference between a country's exports and imports.

Step-by-step explanation:

The correct answer is 1) exports plus imports.

Net exports refer to the difference between a country's exports and imports.

To calculate net exports, we subtract the value of imports from the value of exports. This represents the trade balance, or the difference between what a country sells abroad (exports) and what it buys from other countries (imports).

For example, if a country's exports are valued at $500 billion and its imports are valued at $400 billion, then the net exports would be $500 billion - $400 billion = $100 billion.