if the exchange rate is 2 brazilian reals per dollar and a meal in rio costs 20 reals, then how many dollars does it take to buy a meal in rio? a. $10 and your purchase will increase brazil's net exports. b. $40 and your purchase will decrease brazil's net exports. c. $40 and your purchase will increase brazil's net exports. d. $10 and your purchase will decrease brazil's net exports.



Answer :

It takes $10 to buy a meal in Rio and your purchase will increase Brazil's net exports.

What are net exports?

A country's overall trade is gauged by its net exports. The calculation of net exports is straightforward: Net exports are calculated as the total value of a country's exports less the total value of its imports of goods and services. If a country's net exports are positive, it has a trade surplus; if they are negative, it has a trade deficit. Thus, a country's overall trade balance includes its net exports as part of it. A nation with positive net exports earns more money from the sale of its commodities abroad than it does from all of its imports combined. All products and services that a nation sends to other countries are considered exports, and this includes all items and services related to commerce, shipping, travel, tourism, and finance.

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