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  • How do imports and exports affect GDP?

    GDP GDP GDP

    Questioner:Lucas Gonzales 2023-04-08 14:17:52
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  • Lucas Turner——Works at the International Organization for Migration, Lives in Geneva, Switzerland.

    If domestic consumers spend more on foreign products than domestic producers sell to foreign consumers �C a trade deficit �C then GDP decreases. A standard formula for GDP can be written as: GDP = private consumption spending + investments + government spending + (exports - imports).read more >>
    +119962023-04-11 14:17:52

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