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Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
ISBN: 9781337091985

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BuyFindarrow_forward

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
ISBN: 9781337091985
Textbook Problem

Define net exports and net capital outflow. Explain how they are related.

To determine

Define net export and net capital outflow.

Explanation

The net export is also known as trade balance; it is the different between the value of country’s export and value of country’s import. The net capital outflow is the difference between the purchase of foreign assets by domestic residents and the purchase of domestic assets by foreigners...

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