Examlex
Which of the following statements is NOT true, according to your text?
Net Exports
The value calculated by subtracting a country's total value of imports from its total value of exports; positive net exports indicate a trade surplus, while negative net exports indicate a trade deficit.
Import Quota
This is a restriction by a country on the quantity of a good that can be imported, aimed at protecting domestic industries from foreign competition.
Tariffs Decreased
Refers to a reduction in taxes imposed on imported goods, which can lead to increased trade between countries and potentially lower prices for consumers.
U.S. Imports
Goods and services purchased by residents of the United States that are produced in and brought from other countries.
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