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Goods sent to another country for sale |
| Answer» <html><body><p>If it is produced domestically and <a href="https://interviewquestions.tuteehub.com/tag/sold-631881" style="font-weight:bold;" target="_blank" title="Click to know more about SOLD">SOLD</a> to someone in a foreign country, it is an export. Exports are one component of <a href="https://interviewquestions.tuteehub.com/tag/international-21795" style="font-weight:bold;" target="_blank" title="Click to know more about INTERNATIONAL">INTERNATIONAL</a> <a href="https://interviewquestions.tuteehub.com/tag/trade-711631" style="font-weight:bold;" target="_blank" title="Click to know more about TRADE">TRADE</a>. The other component is imports. They are the goods and services bought by a country's <a href="https://interviewquestions.tuteehub.com/tag/residents-1186245" style="font-weight:bold;" target="_blank" title="Click to know more about RESIDENTS">RESIDENTS</a> that are produced in a foreign country.Explanation:</p></body></html> | |