International Trade Terminology Quiz
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Questions and Answers

Which term refers to the activities of buying and selling goods and services in other countries?

  • Export
  • Business
  • Import
  • Trade (correct)
  • What is the term for bringing goods into a country from abroad for sale?

  • Outflow
  • Import (correct)
  • Outsourcing
  • Commerce
  • What is the term for sending goods to another country for sale or trade?

  • Offshore
  • Outbound
  • Egress
  • Export (correct)
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