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Q: What are goods and services sold to foreigners called?
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How would you define exports?

Goods and services sold to other countries are called exports


Costs of goods sold is also called?

price at which goods are sold is called selling price


Difference between tangible goods versus marketing services?

Marketing services are services that are offered to market products. Tangible goods are actual, physical goods that are sold by businesses.


Why do consumers directly benefit from greater productivity?

Goods and services are produced faster and can be sold more cheaplyGoods and services are produced faster and can be sold more cheaply.It is easier to compare prices. Goods and services are produced faster and can be sold more cheaply.


What are goods and services produced outside of the country in which they are sold?

imports


In a resource market goods and services are sold mainly to?

producers


What is known as imports and exports?

Imports are goods or services brought into a country from another. Exports are goods and services sold to other countries.


What happens to the price and the quantity of goods and services sold when a store runs a sale?

When a store runs a sale the price of goods is lowered. The quantity of goods and services sold might be higher than average. A store might make more money this way because a larger volume of goods is sold.


The means by which goods and services are bought and sold freely is known as?

Market


The means by which goods and services are bought and sold freely is known as a?

Market


Is VAT on goods sold and services rendered input VAT?

TRUE


A place that manufactures goods to be sold is called?

A place that manufactures goods to be sold is called a factory. Many places have there goods made somewhere else and the finished product delivered to them.