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Poople Window Help Miromp . Cengage LearninO Home! > c I ng cengage.com/static/nbulindex.html?nbld-624720&nbNodelde2297; MAC 7461 rrooiems (Ln 18) Back to Anmigunent Attempts: 2. Accounting for trade in goods and services Suppose the tollowing trensections accur during the oument year . Clancy onders 30 bottles of champage from a French duiributor at a price of 2. AU.S.compeny Selb 100 tettoeks to·Canadian co pany at er bottle 9670 for a surtbeand he orders from Groatwaves (a U.S. company). U.S national accounts Hint: Be sure to entera ncluded n gven category an. to enterasse sgn wen the balance a-ve. Amount Imports Esperts Net Exports 27 21

Explanation / Answer

Consumption = (30 x $75) + $670 = $2250 + $670 = $ 2920.

Consumption is amount of $670 and $2250.

Investment = 0

Government Purchases = 0

Imports = 30 x $75= $2250

Exports = 100 x $45= $4500

Net exports = $4500 - $2250 = $2250

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