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3 . Consider the following table showing the breakdown of GDP (in billions) for China. GDP Category Amount (in billions) Wages and Salaries 1000 Consumption

3

.

Consider the following table showing the breakdown of GDP (in billions) for China.

GDP Category

Amount (in billions)

Wages and

Salaries

1000

Consumption

1700

Investment

700

Depreciation

50

Government

Expenditure

100

Taxes

300

Exports

50

Imports

40

Income receipts from

rest of the world

10

Income payment to rest

of the world

50

What are net exports for China?

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