Asked by
Flame Switch
on Oct 13, 2024
Verified
Net exports are
A) the smallest component of aggregate spending.
B) income after taxes.
C) the largest component of aggregate spending.
D) included in government spending.
Net Exports
The value of a country's total exports minus its total imports, representing the net effect of foreign trade on an economy's GDP.
- Gain an understanding of the pivotal role net exports play within the Gross Domestic Product formula.
Verified Answer
TM
Learning Objectives
- Gain an understanding of the pivotal role net exports play within the Gross Domestic Product formula.