Ask Question
27 October, 22:51

If the United States imports $10 million worth of goods from the Philippines, but the Philippines buys only $5million worth U. S goods, America's net exports are A. positive $5 million B. Positive$ 10 million C. Negative$ 5 million D. Negative 10 million

+2
Answers (1)
  1. 28 October, 01:37
    0
    America's net exports are a posititve $5 million. Just because The United States imported $10 million from the Philippines, they are still in the postitive as far as what the Philippines purchases. Export and imports are important for different economies and countries because we can all benefit when we sell products we have too much of and gain products we have to little of.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If the United States imports $10 million worth of goods from the Philippines, but the Philippines buys only $5million worth U. S goods, ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers