Which of the following is correct?
A) Both imports and exports include goods and services.
B) Both exports and imports include goods and neither includes services.
C) Imports include both goods and services but exports include only goods.
D) Imports include only goods but exports include both goods and services.

Question

Quizplus · Accepted Answer

Both imports and exports indeed encompass goods and services, reflecting the comprehensive nature of international trade. Goods refer to tangible products, while services include intangible offerings such as financial services, education, and tourism.

Which of the Following Is Correct