Net exports equal:
A) total exports plus total imports.
B) total imports minus total exports.
C) total exports minus total imports.
D) total exports plus total imports, minus tariffs.

Question

Quizplus · Accepted Answer

Net exports refer to the value of a country's exports minus its imports. Therefore, the correct formula is total exports minus total imports. Options A and D are incorrect since they include both exports and imports in the calculation of net exports. Option B is incorrect since it subtracts exports from imports instead of the other way around.

Net Exports Equal