The net exports portion of the expenditure approach to computing GDP is composed of: a) Only U. S. spending on both U. S. and foreign goods b) U. S. spending on foreign goods and foreign spending on U. S. goods c) U. S. spending on only U. S. goods d) U. S. and foreign spending on only U. S. goods e) None of the above

Question

PbJ

Social Studies

9 September, 13:36

The net exports portion of the expenditure approach to computing GDP is composed of: a) Only U. S. spending on both U. S. and foreign goods b) U. S. spending on foreign goods and foreign spending on U. S. goods c) U. S. spending on only U. S. goods d) U. S. and foreign spending on only U. S. goods e) None of the above

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Patience Wilson · Answer 1

e) None of the above

Explanation:

Net exports calculates the difference between the number of goods imported and exported. It represents the foreign trade of goods and services within the country.