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What occurs when one country buys more goods from another country than it sells to that country?
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Which of the following terms means that a country sells goods to another country?
Exports
What is import trade?
import trade is when a country sells goods and services to other countries and they are paid in foreign currency
What does export and inport mean?
Export - selling goods out of the country/region (for example a country produces metal structures and sells them to the neighboring country) Import - purchasing goods in (for example a country needs to purchase grain because their own produce does not cover the needs)
What is a good that one country sells to another?
That is called an export.
How is it possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
Which of the following terms means that a country sells goods to another country?
Exports
What are the goods a country sells to other countries called?
Exports
What does exporter mean?
Export means, literally, "to carry out." Usually it means to send goods out of the country, but it has other uses, such as exporting a file from an application on a computer.
Who is a person who buys and sells goods to make money?
someone who sells goods someone who sells goods Supply and Demand.
What e-commerce occurs when a consumer sells directly to another such as in an online auction?
cunsumer to consumer
What is Balance-of-trade?
The difference in value of goods that a country sells abroad compared to those it purchases from other countries.
What is import trade?
import trade is when a country sells goods and services to other countries and they are paid in foreign currency
What does export and inport mean?
Export - selling goods out of the country/region (for example a country produces metal structures and sells them to the neighboring country) Import - purchasing goods in (for example a country needs to purchase grain because their own produce does not cover the needs)
What is a good that one country sells to another?
That is called an export.
What is meant by domestic trade?
Domestic trade is basically when countries trade or sell a good internally. This means that if a country produces a good (say wheat, for example) and only trades or sells this good within the boundaries of the country. Foreign trade is a country trading or selling their domestic goods with another country.
How is possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
How is it possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
