A Country with No Imports Necessarily Has Zero Net Exports

question 33

True/False

A country with no imports necessarily has zero net exports.

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Definitions:

Agriculture

The practice of cultivating the soil, growing crops, and raising livestock for food, fiber, and other products.

Demographic Transition

The transition from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.

Mortality Rates

A measure of the number of deaths in a particular population, scaled to the size of that population, per unit of time.

Income

The monetary payment received for goods or services, or from other sources, as rents or investments.