Question

Trade involves imports (goods brought into a country) and exports (goods sent out of a country).

True

False

Answer 1

TRUE

Explanation:

Trade involves imports (goods brought into a country) and exports (goods sent out of a country). The United States has bilateral free trade agreements with five countries in the Middle East. Bilateral literally means "two sides" – a bilateral trade agreement is one that has two sides – it is a trade agreement between any two countries, usually in order to reduce tariffs or trade quotas.

Answer 2

It is true, they are important for trading