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Question

You live in India and had gifted chocolates from the USA to your friend.

The chocolates bought from the USA are which type of goods?

A
Domestic goods
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B
Exported goods
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C
Imported goods
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D
Common goods
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Solution

The correct option is C Imported goods
When goods are bought from other countries, it is known as import. When goods are sold to other countries, it is known as export. Imports and exports together constitute international trade.

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