ECONOMICS
GDP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Exports + Imports
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Exports-Imports
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Exports x Population
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Exports / Inflation %
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Detailed explanation-1: -Net exports = Value of exports – Value of imports.
Detailed explanation-2: -Net Exports = Value of Exports – Value of Imports Where: Value of exports is the amount of money generated by a given country for goods and services from a foreign market. Value of Imports is the amount of money that the nation has spent on services and goods from other countries.
Detailed explanation-3: -The formula for net exports is a simple one: The value of a nation’s total export goods and services minus the value of all the goods and services it imports equals its net exports.
Detailed explanation-4: -GDP = C + I + G + X – M I = Investment expenditure. G = Government expenditure. X = Total exports. M = Total imports.
Detailed explanation-5: -Imports = the value of all goods and services that a country imports. Net Exports = the value of all goods and services that a country exports minus the value of all goods and services that a country imports.