Net Exports Will Be Negative If

question 83

Multiple Choice

Net exports will be negative if:

• A) imports exceed exports.
• B) exports exceed imports.
• C) it is a closed economy.
• D) it is an open economy.

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Definitions:

Transnational Organizations

Entities that operate across national borders, managing operations in several countries while not identifying with a single national identity.

Think Locally

The practice of considering the immediate, local environment or community impact of one's actions and decisions.

Act Globally

The strategy or action of considering and addressing issues or conducting operations with a global perspective and implications in mind.

Internationalization

The process of designing products, services, or business practices to appeal to and operate in multiple countries.