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Impacts of Colonial Rule

Exporting ref...

Question

Exporting refers to sending goods from domestic country to foreign country.

A

True

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B

False

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Solution

The correct option is A True
Exporting means to send the goods in the international markets from the domestic country where the goods have been produced to the foreign country where it is demanded.
Hence, the above statement is correct.

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Similar questions

Q. Importing refers to bringing goods from domestic country to foreign country.

Q. refers to import of goods not for consumption in the home country but for exporting them to another country.

Q. refers to the process in which a home country buys goods and services from foreign countries.

Q. A country can make its exports to foreign countries cheaper with which of the following methods?
[Pick up the correct statement(s).]
A. Reducing their domestic prices
B. Reducing the foreign exchange rate on its money (devaluing currency)
C. Putting a ban on import of foreign goods

Q. The practice of selling goods in a foreign country at a price below their domestic selling price is called ____________.

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