Questions: When a country buys goods from other countries, these goods are called imports

When a country buys goods from other countries, these goods are called imports
Transcript text: When a country buys goods from other countries, these goods are called imports
failed

Solution

failed
failed
Answer

The answer is imports.

Explanation
Option 1: A surplus

A surplus refers to the amount by which the quantity of goods supplied exceeds the quantity demanded. It is not related to the act of buying goods from other countries.

Option 2: Exports

Exports are goods or services that are produced in one country and sold to buyers in another country. This is the opposite of what the question is asking, which is about buying goods from other countries.

Option 3: Imports

Imports are goods or services that are brought into one country from another. When a country buys goods from other countries, these goods are referred to as imports.

Was this solution helpful?
failed
Unhelpful
failed
Helpful