Net Exports Is the Sum of

question 8

Multiple Choice

Net exports is the sum of

• A)the current account balance and capital account balance.
• B)the private sector balance and the government sector balance.
• C)the current account balance and the official settlements account balance.
• D)the balance of payments accounts.
• E)exports and imports.

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Definitions:

Exports

Products or services transferred from one nation to another for the purpose of sale or exchange.

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet.

Balance of Payments

A comprehensive record of a country's financial transactions with the rest of the world over a specific time period, including exports and imports of goods and services, financial transfers, and investments.

Oxfam America

A branch of the international confederation Oxfam, focused on addressing poverty, hunger, and injustice through advocacy and humanitarian efforts.