The Value of Net Exports Increases When the Value of

question 96

Multiple Choice

The value of net exports increases when the value of

• A) exports of goods and services minus imports of goods and services decreases.
• B) imports of goods and services increase.
• C) imports of goods and services decrease.
• D) exports of goods and services decrease.

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Definitions:

Target Markets

Groups of customers within the broader marketplace that a business has decided to aim its marketing strategies and merchandise towards.

Product Groupings

The organization or categorization of products into groups or categories based on similarities, purpose, or type, often seen in retail or online stores.

Niches

Specific, targeted segments of a market where businesses can focus their products or services to meet specific consumer needs.

Consumer Income

The total earnings of a consumer, influencing their purchasing power and consumption habits.