Goods and services purchased abroad and brought into a country are called ________.
A) gross domestic products
B) exports
C) gross national products
D) imports

Question

Quizplus · Accepted Answer

Imports are goods and services purchased from foreign countries and brought into a country. Gross domestic product (A) measures the value of all goods and services produced within a country's borders. Exports (B) are goods and services produced within a country's borders and sold to foreign countries. Gross national product (C) measures the value of all goods and services produced by a country's citizens, regardless of their location.

Goods and Services Purchased Abroad and Brought into a Country