If net exports is negative, it must be the case that _____. rev: 04_09_2018 Multiple Choice the value of goods, services, and re

Question

3 years ago

14

If net exports is negative, it must be the case that _____. rev: 04_09_2018 Multiple Choice the value of goods, services, and re

sources imported is less than the value exported the value of goods, services, and resources exported is less than the value imported more goods are being imported than exported more goods are being exported than imported

Business

1 answer:

Anton [14] · Answer 1 · 2022-05-20T09:05:07+03:00

Anton [14]3 years ago

5 0

Answer:

more goods are being imported than exported

Explanation:

Net export = export - import

when net export is negative it means that import exceeds import. this is known as a trade deficit