Suppose that a country imports $90 million worth of goods and services and exports $80 million worth of goods and services. What is the value of net exports?

Question

Suppose that a country imports $90 million worth of goods and services and exports $80 million worth of goods and services. What is the value of net exports?
	a. $80 million 	
	b. $170 million 	
	c. $10 million 	
	d. -$10 million

GPT-4o mini · Answer

Net exports are calculated as the value of exports minus the value of imports.

In this case, exports are $80 million and imports are $90 million.

Net exports = Exports - Imports
Net exports = $80 million - $90 million
Net exports = -$10 million

Therefore, the value of net exports is d. -$10 million.