If the Value of Net Exports Is Negative, Then

question 156

Multiple Choice

If the value of net exports is negative, then

• A) exports exceed imports.
• B) imports exceed exports.
• C) exports equal imports.
• D) imports are zero.

---

Definitions:

Useful Life

At the time an asset is acquired, an estimate is made of its usefulness in terms of years, output, and so forth.

Office Equipment

Assets like computers, printers, and furniture used in an office to perform business operations.

Units-Of-Production

A depreciation method that allocates cost based on the units produced by an asset over its useful life.

Depreciation Method

A systematic approach used to reduce the carrying amount of a tangible or intangible asset over its useful life.