What was net exports in the second quarter of 2020

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Reference no: EM133367592

IRL (In Real Life): Net Exports And Aggregate Demand

We know from our reading that changes in net exports is one of four factors that might cause a shift in aggregate demand.

We know that net exports = exports - imports. What was net exports in the second quarter of 2020? What are net exports for the most recent quarter?

Why are imports growing so much faster than exports? Yes, we in the US buy a lot of goods from China and other countries - but that's been true for a long time. What's going on NOW that's causing imports to grow faster than exports?

How might this affect aggregate demand? Which direction will the curve shift?

Reference no: EM133367592

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