Practice - Net Exports (X - M)
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Practice Questions
Test your understanding with targeted questions
What is the formula for calculating net exports?
💡 Hint: Remember to think about what is being sold and bought.
If a country has exports of $200 million and imports of $150 million, what are its net exports?
💡 Hint: Apply the formula for net exports.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What does net exports measure?
💡 Hint: Focus on the relationship between what we sell abroad and what we buy.
True or False: If a country has more imports than exports, it has positive net exports.
💡 Hint: Think about the terms 'exports' and 'imports'.
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Challenge Problems
Push your limits with advanced challenges
A country experiences a significant economic downturn, decreasing global demand for its goods. Explain how this might affect its net exports and suggest government policy responses.
💡 Hint: Consider both ends of the trade balance.
Analyze a situation where the government imposes tariffs on imports. How is this expected to affect net exports and aggregate demand?
💡 Hint: Think about consumer choices and producers' responses.
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