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Find out net export of an american economy if import is $45,0000 and export is $75,000?
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- When exports and imports are exactly equal for a country, this is called... Net imports. Trade surplus. ⒸNet exports. Trade deficit. Balanced trade.How big are exports and imports as a percentage of current GDP?What do you think would happen to a country's economy if there is too much imported goods?
- What correlation exists between exports and GDP per capita, and imports and GDP per capita?When products cannot be produced domestically, they are often produced internationally and shipped to various countries. The products sold in the U.S. that are made in other countries are called _____. domestic gross exports importsIf the value of a nation’s imports exceeds the valueof its exports, which of the following is NOT true?a. Net exports are negative.b. GDP is less than the sum of consumption,investment, and government purchases.c. Domestic investment is greater than nationalsaving.d. The nation is experiencing a net outflow ofcapital.
- Shane who is a farmer of a city bought a tractor worth $18,500 from an importer so that the mango orchard he is taking care of would bare more fruits to be exported later. A. Investment B. Consumption C. Import D. Net exportThat a rich country like Germany has such a small ratio of imports to GDP as compared to Belgium is the evidence of geography. Please explainWhy is GDP and GNP converted to US dollar