These Are the Primary Demander of Goods and Services in the Economy

question 15

Multiple Choice

These are the primary demander of goods and services in the economy.

• A)Businesses
• B)Households
• C)Government
• D)Foreign investors

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Definitions:

International Trade

The trade of products and services beyond international frontiers or territories.

Exporting

The process of selling and shipping goods or services from one country to another country.

Tariff

A tax imposed by a government on goods and services imported from other countries.

Imports

Imports are goods or services brought into one country from another for sale, usually regulated by the government with tariffs, quotas, or trade agreements.