Which of the following would be recorded as an UK merchandise export?
A) A UK tourist spends 10,000 euros on vacation in the south of France.
B) A machine shop in Nottingham purchases a grinder made in Italy.
C) A UK resident receives a £50 dividend on shares she owns in a business in Germany.
D) A French car hire firm purchases a fleet of new Honda cars built at Honda's factory in the UK.

Question

Quizplus · Accepted Answer

A French car hire firm purchasing Honda cars built in the UK would be recorded as a UK merchandise export, as the cars physically leave the UK and enter France. Choices A, B, and C are not recorded as merchandise exports, as they do not involve the physical movement of goods across borders.

Which of the Following Would Be Recorded as an UK