USA HISTORY

Detailed explanation-1: -Goods and services produced in one country but supplied to buyers in another are known as exports. International trade is made up of exports and imports. Exports are critical to market democracies because they provide people and businesses with access to a larger market for their products.

Detailed explanation-2: -Exportation is the process of selling goods in another country.

Detailed explanation-3: -Exports are goods sold to another country and sent there.

Detailed explanation-4: -Export is ‘Sending (goods or services) to another country for sale.

Detailed explanation-5: -Exports of goods and services consist of transactions in goods and services (sales, barter, and gifts) from residents to non-residents. Exports of goods occur when economic ownership of goods changes between residents and non-residents.