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Q:
A) exports are greater than imports | B) imports are greater than exports |
C) No exports | D) None of the above |
Answer: B) imports are greater than exports
Explanation:
Explanation:
When exports are greater than imports, net exports are positive and similarly, when imports are greater than exports, net exports are negative.
When a country imports goods, it buys them from foreign producers. The money spent on imports leaves the economy, and that decreases the importing nation's GDP.