Determine the amount of net exports of goods


A very small country's gross domestic product is $12 million. If government expenditures amount to $7.5 million and gross private domestic investment is $5.5 million, what would be the amount of net exports of goods and services?

How would your answer change if the gross domestic product had been $14 million?

 

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Finance Basics: Determine the amount of net exports of goods
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