what is the effect on aggregate expenditure if value of exports exceeds value of imports
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Explanation:
The importing and exporting activity of a country can influence a country's GDP, its exchange rate, and its level of inflation and interest rates. In this equation, exports minus imports (X – M) equals net exports. When exports exceed imports, the net exports figure is positive.
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Answer:
The importing and exporting activity of a country can influence a country's GDP, its exchange rate, and its level of inflation and interest rates. In this equation, exports minus imports (X – M) equals net exports. When exports exceed imports, the net exports figure is positive.
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