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Net Exports of Goods and Services Calculator

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Microeconomics Macroeconomics

✖Exports are the goods and services that are made in one country and transmitted to foreigners.ⓘ Exports [X]			+10% -10%
✖Imports are the goods and services of foreign origin brought into a country.ⓘ Imports [M]			+10% -10%

✖Net Exports of Goods and Services are the difference between a country's total value of exports and the total value of imports.ⓘ Net Exports of Goods and Services [NX]

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Net Exports of Goods and Services Solution

STEP 0: Pre-Calculation Summary

Formula Used

Net Exports of Goods and Services = Exports-Imports
NX = X-M
This formula uses 3 Variables

Variables Used

Net Exports of Goods and Services - Net Exports of Goods and Services are the difference between a country's total value of exports and the total value of imports.
Exports - Exports are the goods and services that are made in one country and transmitted to foreigners.
Imports - Imports are the goods and services of foreign origin brought into a country.

STEP 1: Convert Input(s) to Base Unit

Exports: 40000 --> No Conversion Required
Imports: 10000 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

NX = X-M --> 40000-10000

Evaluating ... ...

NX = 30000

STEP 3: Convert Result to Output's Unit

30000 --> No Conversion Required

FINAL ANSWER

30000 <-- Net Exports of Goods and Services

(Calculation completed in 00.004 seconds)

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Net Exports of Goods and Services

LaTeX Go Net Exports of Goods and Services = Exports-Imports

Net Exports of Goods and Services Formula

LaTeX Go

Net Exports of Goods and Services = Exports-Imports
NX = X-M

How to Calculate Net Exports of Goods and Services?

Net Exports of Goods and Services calculator uses Net Exports of Goods and Services = Exports-Imports to calculate the Net Exports of Goods and Services, Net Exports of Goods and Services are the difference between a country's total value of exports and the total value of imports. Net Exports of Goods and Services is denoted by NX symbol.

How to calculate Net Exports of Goods and Services using this online calculator? To use this online calculator for Net Exports of Goods and Services, enter Exports (X) & Imports (M) and hit the calculate button. Here is how the Net Exports of Goods and Services calculation can be explained with given input values -> 30000 = 40000-10000.

FAQ

What is Net Exports of Goods and Services?

Net Exports of Goods and Services are the difference between a country's total value of exports and the total value of imports and is represented as NX = X-M or Net Exports of Goods and Services = Exports-Imports. Exports are the goods and services that are made in one country and transmitted to foreigners & Imports are the goods and services of foreign origin brought into a country.

How to calculate Net Exports of Goods and Services?

Net Exports of Goods and Services are the difference between a country's total value of exports and the total value of imports is calculated using Net Exports of Goods and Services = Exports-Imports. To calculate Net Exports of Goods and Services, you need Exports (X) & Imports (M). With our tool, you need to enter the respective value for Exports & Imports and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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