What is the meaning of net exports?
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1) The meaning of "terms of trade" isA) the price of a country's exports divided by the price of its imports.B) the amount of exports sold by a country.C) the price conditions bargained for in international markets.D) the quantities of imports received in free trade.E) the tariffs in place between two trading countries.
If imports exceed exports, which of the following is true?
A. Net exports are negative
B. Net exports are positive
C. Balance of trade is positive
D. Country is dependent on exports
Net exports equal
A. zero, by definition.
B. exports minus imports.
C. imports minus exports.
D. imports plus exports.