Final answer:
To Canadians, telecommunications equipment sold by U.S. manufacturers is an import, not an export. The question's statement is false. Telecommunications advancements facilitate global trade, enabling low-cost, long-distance economic activity.
Step-by-step explanation:
The correct answer to the question is false. When telecommunications equipment manufacturers in the United States sell their products to people who live in Canada, to Canadians, the telecommunications equipment is considered an import, not an export. The term export refers to goods and services that are sent out of a country, while import refers to goods and services that are brought into a country. In the context of global trade, telecommunications have significantly contributed to the ease and cost-effectiveness of long-distance economic connections such as production and sales. The modern economy benefits from a variety of products that can be digitally transported at low cost, examples include computer software, financial advice, music, and design blueprints, among others. Moreover, international agreements and treaties have fostered an environment that encourages increased global trade.