ECONOMICS
ECONOMIC SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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America sells paper to Germany
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Germany sells printers to America
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America sells printers to central Florida
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South Africa buys meat from Chile
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Detailed explanation-1: -Answer and Explanation: An export is a good made in the domestic nation and sold to a buyer in a foreign nation. In this case, the only good made in the US above was the washing machine made in Indiana. The washing was then sold to a buyer in France which of course is a foreign nation and thus it is a US export.
Detailed explanation-2: -Trade In December 2022, the top exports of United States were Refined Petroleum ($11B), Crude Petroleum ($9.66B), Aircraft Parts ($9.54B), Petroleum Gas ($7.64B), and Commodities not elsewhere specified ($5.96B).
Detailed explanation-3: -The United States exported nearly 1.3 million metric tons of graphic papers in 2021. Meanwhile, exports of other paper and paperboard products amounted to 8.8 million metric tons that year-with case materials accounting for more than half of these. The U.S. also exported 16.3 million metric tons of recovered paper.
Detailed explanation-4: -Gasoline and Other Fuels. Crude Petroleum. Liquified Natural Gas (LNG) and Other Natural Gases. Civilian Aircraft Parts. Passenger Vehicles. 21-Dec-2022