Question : The difference between exports and imports is _______.
 

Option 1: Net exports
 

Option 2: Net imports
 

Option 3: Disposable income
 

Option 4: All of the above.
 

Question : In national income accounting, net exports refer to ______.

Option 1: exports minus imports

Option 2: imports minus exports

Option 3: exports plus imports

Option 4: imports plus exports

Question : When price of a foreign currency falls ______from that foreign country becomes cheaper and ________ increases.
 

Option 1: Imports, imports
 

Option 2: Exports, exports
 

Option 3: Imports, exports
 

Option 4: Exports, Imports
 

Question : Net earnings is ___, when receipts from exports are more than payments for imports.
 

Option 1: Negative
 

Option 2: Zero
 

Option 3: Positive
 

Option 4: None of the above.
 

Question : Net earnings is ___, when receipts from exports are equal to payments for imports.
 

Option 1: Negative
 

Option 2: Zero
 

Option 3: Positive
 

Option 4: None of the above.