If the Value of Exports Equals $6

Multiple Choice

If the value of exports equals $6.5 billion and the value of imports equals $8.0 billion in a year,then:

A) together imports and exports add $1.5 billion to the gross domestic product (GDP) .
B) together exports and imports add $6.5 billion to the gross domestic product (GDP) .
C) together exports and imports reduce the gross domestic product (GDP) by 1.5 billion.
D) together exports and imports add nothing to the gross domestic product (GDP) .