Which Statement Is NOT True About Net Exports

question 17

Multiple Choice

Which statement is NOT true about net exports?

• A) A nation that imports more than it exports has negative net exports.
• B) U.S. imports cannot contribute to the GDP of other nations.
• C) The United States has had negative net exports for every quarter since the third quarter of 1980.
• D) The smallest component of U.S. GDP is net exports.

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Definitions:

Retaliate

To respond to an action or injury with a similar action, typically for revenge or defense.

Hominins

Members of the human lineage after the split from our common ancestor with chimpanzees, including all species of Homo and related genera.

New World Monkeys

A group of primates that live in the forests of Central and South America, distinct from their Old World counterparts in Africa and Asia.

Old World Monkeys

A group of primates native to Africa and Asia, part of the family Cercopithecidae, often characterized by their non-prehensile tails.