Asked by
Nita Dwi Safitri
on Nov 16, 2024Verified
When Jorge, a Spanish citizen, sells dresses he desings to Romania, the sale is
A) both Romania's and Spain's import.
B) Romania's import and Spain's export.
C) Romania's export and Spain's import.
D) both Romania's and Spain's export.
Export
Items or services transported from one nation to another with the intent of being sold or traded.
Import
The act of bringing goods or services into one country from another for the purpose of trade.
- Comprehend the definitions and components of a country's trade balance, including exports, imports, trade surplus, and trade deficit.
Verified Answer
BF
Learning Objectives
- Comprehend the definitions and components of a country's trade balance, including exports, imports, trade surplus, and trade deficit.