If a Country Had a Trade Surplus of $50 Billion

question 177

Multiple Choice

If a country had a trade surplus of $50 billion and then its exports rose by $30 billion and its imports rose by $20 billion,its net exports would now be

• A)$0 billion.
• B)$20 billion.
• C)$40 billion.
• D)$60 billion.

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Definitions:

Result

The outcome or final value obtained after performing a calculation or a series of operations.

Final Value

The ultimate quantity or result that is arrived at after all calculations or changes have been applied.

Result

The consequence or effect obtained after performing a specific action or series of actions.

Original Amount

The initial sum of money before any changes, such as appreciation, depreciation, or interest, have been applied.