Net Exports Are

Multiple Choice

Net exports are

A) negatively correlated with GDP.
B) positively correlated with GDP.
C) totally uncorrelated with GDP.
D) positively correlated with GDP, but had been negatively correlated with GDP as long as the dollar was a reserve currency.
E) totally uncorrelated with GDP, but had been negatively correlated with GDP until the volatility of the currency markets destroyed the efficiency of international market structures.