Solved

Use the Following to Answer Questions

Question 6

Multiple Choice

Use the following to answer questions .
Exhibit: Components of GDP for an Economy 2
Use the following to answer questions . Exhibit: Components of GDP for an Economy 2    -(Exhibit: Components of GDP for an Economy 2)  Net exports are negative. This would mean that: A)  imports are larger than exports and there is a trade surplus. B)  exports are larger than imports and there is a trade surplus. C)  imports are larger than exports and there is a trade deficit. D)  exports are larger than imports and there is a trade deficit.
-(Exhibit: Components of GDP for an Economy 2) Net exports are negative. This would mean that:


A) imports are larger than exports and there is a trade surplus.
B) exports are larger than imports and there is a trade surplus.
C) imports are larger than exports and there is a trade deficit.
D) exports are larger than imports and there is a trade deficit.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions