Goods going out of a country are called what?

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Study for the Ohio AIR US History Exam. Access flashcards and multiple-choice questions with hints and explanations. Get prepared for success!

Multiple Choice

Goods going out of a country are called what?

Explanation:
When a country sells goods to other nations and ships them abroad, those goods are exports. Exports are the items that leave the country to be sold overseas. Imports are the opposite—goods brought into the country. Trade is the general term for the exchange of goods and services between countries and includes both exports and imports. Revenue is the money earned from selling goods or services, not the movement of goods across borders. For example, selling cars from the United States to Europe would be exports.

When a country sells goods to other nations and ships them abroad, those goods are exports. Exports are the items that leave the country to be sold overseas. Imports are the opposite—goods brought into the country. Trade is the general term for the exchange of goods and services between countries and includes both exports and imports. Revenue is the money earned from selling goods or services, not the movement of goods across borders. For example, selling cars from the United States to Europe would be exports.

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