Choose the correct statement.
A)Exports include goods and services.
B)Imports include goods but not services.
C)Imports include services but not goods.
D)Exports include goods but not services.
E)Exports include services but not goods.

Question

Quizplus · Accepted Answer

Exports refer to the goods and services produced domestically and sold to other countries, while imports refer to the goods and services purchased from other countries and brought into the domestic market. Therefore, exports include both goods and services, while imports also include both goods and services.

Choose the Correct Statement