Buyers that purchase dresses in Europe or calculators in Taiwan and have them shipped back to the United States for resale are engaging in
A) exporting.
B) shipping.
C) importing.
D) expelling.
E) dumping.

Question

Quizplus · Accepted Answer

The act of purchasing goods from other countries and bringing them into the United States is known as importing. Therefore, choice C is the correct answer. Exporting refers to the transfer of goods from the United States to other countries for sale, while shipping is the process of transporting goods from one place to another. Expelling refers to forcibly removing someone or something from a place, and dumping refers to selling goods in another country at a lower price than they would be sold for in the domestic market.

Buyers That Purchase Dresses in Europe or Calculators in Taiwan