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Fred displays on his office desk at work a picture of his new wife in a thong bathing suit basking in the sun on a tropical beach during their honeymoon. According to the law
Tangible Products
Physical items that can be touched, seen, and measured, such as electronics, clothing, and furniture.
Intangibles
Non-physical assets such as patents, copyrights, brand recognition, and goodwill that have value but are not physical objects.
Merchandise Trade Balance
The difference between a country's imports and exports of goods.
Tangible Products
Physical items that can be touched, seen, and usually measured, such as books, furniture, and food items.
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