Question

Explain the difference between imports and exports.

Question 46 options:

There is no difference between imports and exports.


Exports are the goods and services a nation produces and sells to other nations; imports are the goods and services a nation buys from other nations


Imports are the goods and services a nation produces and sells to other nations; exports are the goods and services a nation buys from other nations.


Imports are the goods and services a nation produces and sells to other nations; exports are the country's ability to produce more of a given product than can another country.

Answer 1

B. Exports are the goods and services a nation produces and sells to other nations; imports are the goods and services a nation buys from other nations

Step-by-step explanation: