a-country-has-exports-of-300-billion-and-imports-of-450-billion-calculate-the-ne

Question

A country has exports of $300 billion and imports of $450 billion. Calculate the net exports and discuss the economic implication.

Accepted Answer

Net exports are -$150 billion, indicating a trade deficit.

Answer

Net exports are $0, indicating balanced trade.

Answer

Net exports are $150 billion, indicating a trade surplus.

Answer

Net exports are -$150 billion, indicating a trade surplus.

A country has exports of \$300 billion and imports of \$450 billion. Calculate the net exports and discuss the economic implication.