L ECON 2313: The anpuct X 1/23765 6014310 hen , and drag to the Favorites Bar fo
ID: 1114876 • Letter: L
Question
L ECON 2313: The anpuct X 1/23765 6014310 hen , and drag to the Favorites Bar folder. Or import from another browser, Import LiveText Docs File Manager Reviews Forms CommunityTools 02ECON 2310-02 Assignments > Assignmone Details export on real GDP ssignment Due Now 2, 2017 1000 PM nt Details Assuming the economy is operating below its potential ourpat, what is the impact of an increase in net exports on real GDP? Why is in difficult, tfnot tmpossible, for a country to boost its tet exports by increating its tarigarne·glabal race, Description ou like to save your password for livetext.com?Explanation / Answer
The impact of the net exports on real GDP is to increase the real GDP by that amount. This happens because net exports are a constituent of real GDP.
If a country tries to increase its net exports by increasing tariffs then there is a fair chance that the other exporting countries might also retaliate by raising their tariffs and hence it would result in an even lower net exports.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.