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Question

Goods that a country gets from other countries are called______.

A
Exports
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B
Imports
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C
Foreign Trade
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D
None of these
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Solution

The correct option is A Exports
Exports and imports are the main elements of foreign trade.
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.
When the Export value is more than import value then foreign trade will be favourable to a country.

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