Card 1 of 23
How is net trade calculated?
A
X×MX \times MX×M.
B
X−MX - MX−M.
C
A global downturn reduces demand for UK exports, worsening net trade.
D
M−XM - XM−X.
Card 1 of 23
2.2.5 Net trade (X-M) Flashcards
23 flashcards on Edexcel A A Level Economics 2.2.5 Net trade (X-M): the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.