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Another name given to Net Exports

a.trade value
b.trade deficit
c.trade balance
d.balanced trade

User Cellydy
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Final answer:

In regards to the question, 'Another name given to Net Exports', the correct term is 'trade balance' or 'balanced trade,' when exports and imports are equal.

Step-by-step explanation:

The term Net Exports refers to the value of a country's total exports minus its total imports. When net exports are positive, it indicates a trade surplus and signals that a country is selling more abroad than it is buying from other countries.

Conversely, a negative net exports figure implies a trade deficit where imports exceed exports. In the context of your question, another term synonymous with when exports and imports are equal is trade balance, also known as balanced trade. This is different from trade value, which refers to the overall worth of exports or imports, and shouldn't be confused with trade deficit, which specifically denotes a situation where imports are greater than exports.

User Josiah
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