Scenario: The table below shows the payments received from foreigners by the residents of Country Y and the payments made to foreigners by the residents of Country Y during a certain year.
-Refer to the scenario above.Country Y's net exports equal ________.
Definitions:
Financial Statement
Formal records of the financial activities of a business, person, or other entity, presenting the financial performance and position at a specific point in time.
Forward Market
A type of financial market where parties enter contracts to buy or sell assets at a specified price with delivery and payment occurring at a future date.
Canadian Dollar
Canada's national currency, denoted by CAD or often called the "loonie."
U.S. Dollar
The official currency of the United States, widely used as a standard of value and medium of exchange in global markets.
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