Dave,a U.S.citizen buys a bicycle manufactured in China.Dave's purchase is
A)both a U.S.and Chinese export.
B)both a U.S.and Chinese import.
C)a U.S.import and a Chinese export.
D)a U.S.export and a Chinese import.

Question

Quizplus · Accepted Answer

As Dave, a U.S. citizen, is buying a bicycle manufactured in China, it is a Chinese export. However, since Dave is bringing the bicycle into the United States for his personal use, it is a U.S. import. Therefore, the purchase is both a U.S. import and a Chinese export.

Dave,a USCitizen Buys a Bicycle Manufactured in China