Net exports are calculated as exports minus imports.
Answer the following statement true (T) or false (F)
True
Net exports are calculated as exports minus imports.
Economics
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When a country's imports are larger than its exports, the country is running a trade deficit
Indicate whether the statement is true or false
Economics
An economic principle that explains why people pursue different occupations is
A) NAFTA. B) international trade. C) absolute advantage. D) comparative advantage.
Economics
Producing goods can add to net wealth, but rendering services cannot. Explain.
What will be an ideal response?
Economics
A change in which of the following would shift the aggregate demand curve?
a. Consumption (C) b. Investment (I) c. Government spending (G) d. Net Exports (NX) e. All of these
Economics