Goods and services produced in one country that are then sold in other countries are called ____________.Choose one answer from the options below.exportstradeable itemssurplus itemseconomic stimulants

What are goods used to produce other goods and services called?

Assuming that the United States is the domestic economy, ________ are goods and services produced by ________ and purchased by ________.Question 15Answera.imports; foreign countries; the United Statesb.exports; foreign countries; the United Statesc.imports; foreign countries; foreign countriesd.exports; the United States; the United States

If a country differs from the rest of the world in taste patterns but not in production capabilities, the trade will lead to some international specialization in ___________.Select one:a.Productionb.Consumptionc.Productivityd.Techniques of production

What is the term used for a good or service that is produced outside of the country but consumed domestically?Multiple choice question.An open goodAn international goodAn importAn export

Multiple Choice QuestionFor the United States, importing involves the purchase of goods and services from foreign sources while exporting involves ______.Multiple choice question.selling domestically-made products to U.S. consumersbuying merchandise that has been produced overseasbuying products from foreign marketsselling goods and services to foreign markets