Net trade and aggregate demand
Net trade and aggregate demand
Net trade is the value of exports minus the value of imports. It is calculated using the following equation.
Step-by-step lessons covering Edexcel A A Level Economics 2.2.5 Net trade (X-M) for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.