Asked by SeLva MaLaR Prakash on Jul 04, 2024
Verified
Washing machines that are manufactured in the United States and sold in Germany are categorized as U.S._____.
A) Exports
B) countertrades
C) Imports
D) Outsourcing
Washing Machines
Household appliances designed to clean laundry by combining water, detergent, and mechanical action to remove dirt from clothes, linens, and other fabrics.
Manufactured
The process of producing goods on a large scale using labor, machines, tools, and chemical or biological processing or formulation.
- Become familiar with the core ideas of global trade, highlighting the processes of importing and exporting commodities, along with the evaluation of trade balances.
Verified Answer
NS
Nicolene SinclairJul 08, 2024
Final Answer :
A
Explanation :
Goods produced in one country and sold in another are considered exports for the country of manufacture. Therefore, washing machines made in the U.S. and sold in Germany are U.S. exports.
Learning Objectives
- Become familiar with the core ideas of global trade, highlighting the processes of importing and exporting commodities, along with the evaluation of trade balances.
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