Attention is most often focused on net exports because that figure measures the net effect of a nation's trade in goods and services with the rest of the world. In 2000, net exports were 8% of GNP and in 2005, they were 8%. If the information above is accurate, which of the following must be true?

A Exports were greater than imports in 2005, but not in 2000.

B Exports increased from 2000 to 2005.

C In 2005, the increase in exports was nearly double of that in 2000.

D if GNP was constant from 2000 to 2005, net exports were greater in 2005 than in 2000.

Solution

Correct Answer: Option D

Solution

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