Answered

If Iceland and Singano
engaged in trade
other, then Iceland
will be Singapo.es
A. imports
B. tariffs
C. net exports
D. exports

Verified Answer :

GinnyAnswer

Final answer:

Net Exports are impacted by a country's trade activities such as exports and imports.


Explanation:

Net Exports refer to sales of a country's goods and services to buyers abroad minus purchases of foreign-produced goods and services. In the given scenario, if Iceland and Singapore trade with each other, then Iceland's exports to Singapore and Singapore's imports from Iceland would affect their net exports.


Learn more about Net Exports here:

https://brainly.com/question/9509216


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