Multiple Choice
The goods and services that our country sells to other countries are termed
A) exports.
B) imports.
C) unilateral transfers.
D) gifts.
Correct Answer:
Verified
Related Questions
Q14: Who benefits from imports?
A) domestic consumers
B) domestic
Q15: The United States has a comparative advantage
Q16: Compared to the situation before international trade,
Q17: The gains from trade that are possible
Q18: Which of the following is CORRECT?
A) Both
Q20: Compared to the situation before international trade,