What is the difference between exports and imports?
I- Exports are the sale of goods and services produced in a country to the rest of the world, ...
What is the difference between exports and imports?
I- Exports are the sale of goods and services produced in a country to the rest of the world, generating income in foreign currency for the exporting country. II- Imports are the purchase of goods and services that economic agents in a country make from the rest of the world, generating the outflow of foreign currency for the importing country. a) Only I is correct. b) Only II is correct. c) Both I and II are correct. d) Neither I nor II is correct.
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