If a Country Has Net Exports of $8 Billion and Sold

question 33

Multiple Choice

If a country has net exports of $8 billion and sold $40 billion of goods and services abroad,then it has

• A)$48 billion of imports and $40 billion of exports.
• B)$48 billion of exports and $40 billion of imports.
• C)$40 billion of imports and $32 billion of exports.
• D)$40 billion of exports and $32 billion of imports.

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Definitions:

Unlimited Amounts

Refers to a quantity without any limit or restriction, allowing for an indefinite expansion or supply.

Ethical Preferences

Individual or collective choices based on principles of right and wrong, often influencing behavior and decision-making.

Origin

The beginning or cause of something; where something comes from.

Virtue Ethics

An ethical theory that emphasizes an individual's character as the key element of ethical thinking, rather than rules or consequences.