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.
Correct Answer: Net exports
Solution : The difference between exports and imports are net exports. Hence, Option A is correct.
Question : Net exports = ?
Option 1: Exports - Imports
Option 2: Exports + Imports
Option 3: Only Exports
Option 4: None of the above.
Question : Net exports will decrease. Which effect of depreciation is highlighted here?
Option 1: Increase in imports
Option 2: Decrease in exports
Option 3: Increase in the national income
Question : Net exports will increase. Which effect of depreciation is highlighted here?
Option 1: Increase in exports
Option 2: Decrease in imports
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
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