Which of the Following Statements About Exports and Imports Is

question 9

Multiple Choice

Which of the following statements about exports and imports is true?

• A)Both imports and exports are added to a nation's GDP.
• B)Both imports and exports are subtracted from a nation's GDP.
• C)Imports are added to a nation's GDP; exports are subtracted.
• D)Exports are added to a nation's GDP; imports are subtracted.
• E)Neither imports nor exports are included in a nation's GDP.

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Definitions:

Responsible Ways

Approaches or methods characterized by accountability, ethical considerations, and thoughtful decision-making.

Reframes

The process of changing the way something is viewed or considered, often to provide a new perspective or insight.

Opportunity

A set of circumstances that makes it possible to do something or for something to happen, often leading to new experiences or growth.

Advanced Ways

Innovative or evolved methods and strategies that surpass traditional or basic approaches in effectiveness.