Consider the following two situations: (1) you buy a Porsche produced in Germany, (2) you buy a Volkswagen produced in the U.S.

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Consider the following two situations: (1) you buy a Porsche produced in Germany, (2) you buy a Volkswagen produced in the U.S.

Which of the following statements is true? Note: multiple answers are allowed. a. The action in situation (1) has a direct effect on net exports b. The action in situation (2) has a direct effect on net exports c. The action in situation (1) has a direct effect on net capital income d. The action in situation (2) has a direct effect on net capital income

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1 answer:

kondor19780726 [428] · Answer 1 · 2023-08-06T17:07:04+03:00

The purchase of a Porsche produced in Germany has a direct effect on net exports

<h3>What is net export?</h3>

Net exports is total export less import. Import is when a good or service is brought into a country from a foreign country. Import reduces the value of the net exports. Export is when a good produced in a country is sold in a foreign country.

To learn more about imports, please check: brainly.com/question/26497713