Short Answer
The U.S. buys $500 billion of goods and $250 billion of services from foreign countries. Foreign countries buy $250 billion of goods and $300 billion of services from the U.S. What is net exports?
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q23: Changes in the GDP deflator reflect only
Q24: A consumer buys toys made in China.
Q25: Which of the following statistics is usually
Q26: A transfer payment is a payment made
Q27: Social Security payments are<br>A)included in GDP because
Q29: Jane and Ben purchase avocados at a
Q30: In 2011 a country had a real
Q31: Identify the immediate effect of each of
Q32: Explain why it is the case that
Q33: GDP excludes the value of intermediate goods