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Softusvista Office (Pune), India
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Bhilai Institute of Technology (BIT), Raipur
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Net exports of goods and services Solution

STEP 0: Pre-Calculation Summary
Formula Used
net_exports_of_goods_and_services = Exports-Imports
NX = X-I
This formula uses 2 Variables
Variables Used
Exports- Exports are the goods and services that are made in one country and transmitted to foreigners.
Imports- Imports are the goods and services of foreign origin brought into a country.
STEP 1: Convert Input(s) to Base Unit
Exports: 150000000 --> No Conversion Required
Imports: 70000000 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
NX = X-I --> 150000000-70000000
Evaluating ... ...
NX = 80000000
STEP 3: Convert Result to Output's Unit
80000000 --> No Conversion Required
FINAL ANSWER
80000000 <-- Net Exports of Goods and Services
(Calculation completed in 00.016 seconds)

Net exports of goods and services Formula

net_exports_of_goods_and_services = Exports-Imports
NX = X-I

How to Calculate Net exports of goods and services?

Net exports of goods and services calculator uses net_exports_of_goods_and_services = Exports-Imports to calculate the Net Exports of Goods and Services, Net Exports of Goods and Services are the difference between a country's total value of exports and the total value of imports. Net Exports of Goods and Services and is denoted by NX symbol.

How to calculate Net exports of goods and services using this online calculator? To use this online calculator for Net exports of goods and services, enter Exports (X) and Imports (I) and hit the calculate button. Here is how the Net exports of goods and services calculation can be explained with given input values -> 8.000E+7 = 150000000-70000000.

FAQ

What is Net exports of goods and services?
Net Exports of Goods and Services are the difference between a country's total value of exports and the total value of imports and is represented as NX = X-I or net_exports_of_goods_and_services = Exports-Imports. Exports are the goods and services that are made in one country and transmitted to foreigners and Imports are the goods and services of foreign origin brought into a country.
How to calculate Net exports of goods and services?
Net Exports of Goods and Services are the difference between a country's total value of exports and the total value of imports is calculated using net_exports_of_goods_and_services = Exports-Imports. To calculate Net exports of goods and services, you need Exports (X) and Imports (I). With our tool, you need to enter the respective value for Exports and Imports and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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