Which term means goods that leave a country?

Which term means goods that leave a country?

• A. Import
• B. Trade
• C. Revenue
• D. Export

Answer: (D)

When talking about goods in international exchange, the direction of movement across borders is the key idea. Goods that leave a country are called exports. This term describes domestically produced items sold to buyers in other countries, so they physically exit the country’s economy. For example, when a car manufactured in the United States is sold to a buyer in another country, that car is an export. Other terms don’t fit this precise direction. Import refers to goods that enter a country, not leave it. Trade is the broad process of exchanging goods and services, which can involve both imports and exports. Revenue is the income a country earns from selling goods or services and doesn’t by itself indicate the movement of goods across borders. So the term for goods that leave a country is export.

When talking about goods in international exchange, the direction of movement across borders is the key idea. Goods that leave a country are called exports. This term describes domestically produced items sold to buyers in other countries, so they physically exit the country’s economy. For example, when a car manufactured in the United States is sold to a buyer in another country, that car is an export.

Other terms don’t fit this precise direction. Import refers to goods that enter a country, not leave it. Trade is the broad process of exchanging goods and services, which can involve both imports and exports. Revenue is the income a country earns from selling goods or services and doesn’t by itself indicate the movement of goods across borders.

So the term for goods that leave a country is export.