In 2015,Ghana Had $4 Billion of Net Exports and Bought

question 133

Multiple Choice

In 2015,Ghana had $4 billion of net exports and bought $1 billion of goods from foreign countries.What were Ghana's components of net exports?

• A) $5 billion in exports and $1 billion in imports
• B) $4 billion in imports and $1 billion in exports
• C) $3 billion in exports and $1 billion in imports
• D) $1 billion in imports and $3 billion in exports

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Definitions:

First-Assignment-In-Time Rule

A principle stating that, in case of a conflict, the rights to a property or asset are granted to the first party to receive assignment or claim to it.

Third-Party Beneficiary

A person or group that benefits from a contract made between two other parties, despite not being a direct party to the contract.

Obligor's Approval

The consent or agreement of the individual or entity (obligor) responsible for performing an obligation, especially in contexts requiring their assent to changes or actions affecting their duties.

Assignment of Rights

The transfer of rights, properties, or obligations from one party to another.