Which of the Following Is True of Exports and Imports

question 124

Multiple Choice

Which of the following is true of exports and imports?

• A)Both imports and exports are added to a nation's gross domestic product (GDP).
• B)Both imports and exports are subtracted from a nation's gross domestic product (GDP).
• C)Imports are added and exports are subtracted from a nation's gross domestic product (GDP).
• D)Exports are added and imports are subtracted from a nation's gross domestic product (GDP).
• E)Neither imports nor exports are included in a nation's gross domestic product (GDP).

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Definitions:

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Describes an agreement or action that is legally enforceable in a court of law.

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Governmental bodies responsible for enforcing laws and regulations within specific areas of expertise and jurisdiction.

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Systematic inquiries or examinations to discover and examine facts or information, typically to resolve issues or cases.

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The governing bodies responsible for making laws in a state or country.