Question

Suppose a country had $3.5 billion of net exports and bought $6.8 billion of goods and services from foreign countries. This country would have a. $10.3 billion of exports and $6.8 billion of imports. b. $10.3 billion of imports and $6.8 billion of exports. c. $6.8 billion of exports and $3.5 billion of imports. d. $6.8 billion of imports and $3.5 billion of exports.

Answer 1

Answer:

$10.3 billion of exports and $6.8 billion of imports.

Explanation:

Imports of the company = $6.8 million.

Net Exports of the business = $3.5 million .

Net Exports of the country = Exports of the country - Imports of the country

$3.5 million = Exports of the country - $6.8 million

Exports of the country = $3.5 million + $6.8 million

Exports of the country = $10.3 million