Which factor does NOT influence net export spending?

Net export spending, which is the value of a country's exports minus its imports, is influenced by various economic factors, but domestic savings rates do not have a direct impact on net exports.

Foreign income affects net exports because when foreign economies grow and their incomes rise, they are likely to import more goods, including those from your country. This increase in foreign demand can boost exports.

Interest rates also play a significant role in influencing net exports. They affect currency valuation; lower domestic interest rates can lead to a depreciation of the domestic currency, making exports cheaper for foreign buyers, thus potentially increasing net exports.

Domestic income levels influence net exports as well; when domestic incomes rise, consumption typically increases, leading to higher imports as consumers buy more goods from both domestic and foreign producers.

However, while savings rates can indicate the potential for investment and affect overall economic growth, they do not directly change the balance of exports and imports. Therefore, domestic savings rates are less relevant when considering what influences net export spending compared to the other factors.