If Imports Are $4 Billion and Net Exports Are $4

question 9

Multiple Choice

If imports are $4 billion and net exports are $4 billion, what must be the value of exports?

• A) $0 billion
• B) $8 billion
• C) $4 billion
• D) $2 billion

---

Definitions:

Product Management

The organizational function responsible for the strategy, roadmap, and feature definition of a product or product line throughout its lifecycle.

Inseparability

A characteristic of services indicating that they are produced and consumed simultaneously, and cannot be separated from their providers.

Intangibility

A characteristic of services that means they cannot be seen, touched, tasted, or easily quantified before they are purchased.

Perishable Nature

A characteristic of goods that have a limited lifespan and deteriorate or lose value over time, such as food products or live plants.