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(a) Define net exports and show how they are calculated. (b) Explain how(1) exports and (2) imports each affect domestic production. (c) Explain how netexportsmight
(a) Define net exports and show how they are calculated.
(b)Explainhow(1) exports and (2) importseachaffect domestic production.
(c) Explain how netexportsmight be a negative amount.(2 + 2 + 2) = 6
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