The Term Net Exports Refers To

Multiple Choice

The term net exports refers to:

A) the situation in which a country's exports exceed its imports.
B) the situation in which a country's imports exceed its exports.
C) the shortages that result when a country imposes a price ceiling.
D) the shortages that result when a country imposes a price floor.
E) the difference between the value of exports and the value of imports.