Export = $281 billion
Import = $455 billion
Net exports = $281- $455 = -$174 billion
What is Net Exports?
The whole trade of a country is measured by its net exports. The calculation of net exports is as easy as subtracting the value of all the products and services a country exports from the value of all the goods and services it imports.
A country with positive net exports has a trade surplus, whereas a country with negative net exports suffers a trade deficit. Thus, a country's net exports are a part of its overall trade balance. A trade surplus or deficit is represented by a positive or negative net export number.
To know more about net exports refer:
https://brainly.com/question/14264681
#SPJ4
