In 2012,Denmark Had Net Exports of $10 Billion and Sold

question 76

Multiple Choice

In 2012,Denmark had net exports of $10 billion and sold $60 billion of goods and services abroad.What were Denmark's components of net exports?

• A)$70 billion of exports and $50 billion of imports
• B)$50 billion of exports and $70 billion of imports
• C)$60 billion of exports and $50 billion of imports
• D)$50 billion of exports and $60 billion of imports

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Definitions:

Paid-In Capital

Funds that are received by a company from investors in exchange for stock, representing the capital provided by shareholders as a part of the equity of the company.

Cash Dividends

Payments made out of a corporation's earnings to its shareholders in the form of cash.

Treasury Stock

Refers to shares that were previously issued and outstanding but have been bought back by the issuing company, reducing the amount of outstanding stock on the open market.

Stock Split

An action by a company to increase the number of its outstanding shares by issuing more shares to current shareholders, often to make the stock more affordable.