Q135
Exports and imports apply mostly to which of the following?
A.
services
B.
merchandise
AnswerC.
intellectual property
D.
licensing
Answer: Option B
Solution
Answer: Option B
Solution:
Exports and imports apply mostly to merchandise. Exporting is the sale of products and services in foreign countries that are sourced or made in the home country. Importing refers to buying goods and services from foreign sources and bringing them back into the home country.