THE VIRGINIA DYNASTY 1801 1825
WAR OF 1812
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To buy or receive goods from another country
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import
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export
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impressment
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trade
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Explanation:
Detailed explanation-1: -The correct option is A. Import. The purchase of goods from a foreign country is called import.
Detailed explanation-2: -When the goods are imported from one country with the purpose of exporting it to another country, then such type of trade is called entrepot trade.
Detailed explanation-3: -Export-When goods are sent from one country to another then it is called export. Import-When goods are purchased from other countries then it is called import.
Detailed explanation-4: -Importing and Exporting are means of Foreign Trade. Foreign trade is carried out in goods and services – which includes imports, exports, and the balance of foreign trade – is presented separately for goods and for services.
There is 1 question to complete.