Goods and services bought domestically but produced in other countries are referred to as
A) exports.
B) imports.
C) transfer payments.
D) foreign consumption.
Correct Answer:
Verified
Q2: Which of the following statements is true?
A)Exports
Q3: Which of the following statements is true?
A)Japan
Q4: In 2016, the largest exporter in the
Q5: In the United States, imports and exports
Q6: Today, the United States charges an average
Q8: A tariff is a tax imposed by
Q9: Each year, the United States exports about
Q10: Which of the following statements about the
Q11: Exports are domestically produced goods and services
A)sold
Q12: Eliminating a tariff on running shoes would
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