Net Exports Measures the Difference Between a Country's

question 16

Multiple Choice

Net exports measures the difference between a country's

• A)income and expenditures.
• B)sale of goods and services abroad and purchase of foreign goods and services.
• C)sale of domestic assets abroad and purchase of foreign assets.
• D)All of the above are correct.

---

Definitions:

Free Market

An economic system where prices for goods and services are determined by the open market and consumers, with minimal government intervention.

Profit

The financial gain realized when the revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Green Initiative

Programs or actions undertaken to reduce environmental impact and promote sustainability.

Solar Panels

Devices that convert sunlight into electricity, consisting of photovoltaic cells that capture and transform solar energy.