Net export is one of the component for determining a country's GDP
- Net export is derived by deducting the value of total import of goods and services from the value of the exported goods and services
- A Net exports with positive value indicates financial health for a country.
Net Export = Export - Import
Net Exports = $25 billion, Imports = $63 billion and Export = ?
$25 billion = Export - $63 billion
Export = $25 billion + $63 billion
Export = $88 billion
In conclusion, the value of the export is $88 billion.
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