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The selling of products to another country is called:

a. exports

b. imports

c. transfers 

d. none of the above

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Yusra Anees
Yusra AneesLv10
1 Apr 2021
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Related questions

Which describes the difference between a trade surplus and a trade deficit?
 
a) A trade surplus is when a country exports more than it imports, while a trade deficit happens when imports exceed exports.
 
b) A trade surplus is when a country imports more than it exports, while a trade deficit happens when exports exceed imports.
 
c) A trade surplus is when a country produces more than it consumes, while a trade deficit happens when consumption exceeds production.
 
d) A trade deficit is when a country loses money on products it makes, while a trade surplus happens when production leads to profits.
 
 
Which describes the difference between a trade surplus and a trade deficit?
1. A trade surplus is when a country exports more than it imports, while a trade deficit happens when imports exceed exports.
2. A trade surplus is when a country imports more than it exports, while a trade deficit happens when exports exceed imports.
3. A trade surplus is when a country produces more than it consumes, while a trade deficit happens when consumption exceeds production.
4. A trade deficit is when a country loses money on products it makes, while a trade surplus happens when production leads to profits.

If imports exceed exports, which of the following is true?

A. Net exports are negative

B. Net exports are positive

C. Balance of trade is positive

D. Country is dependent on exports

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