Which of the Following Is CORRECT

question 50

Multiple Choice

Which of the following is CORRECT?

• A) Both imports and exports include goods and services.
• B) Imports includes both goods and services but exports includes only goods.
• C) Imports includes only goods but exports includes both goods and services.
• D) Both exports and imports include goods and neither includes services.

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Definitions:

Compensating Employees

Involves providing wages, salaries, and other benefits to workers in exchange for their services.

Challenges

Refers to difficulties or obstacles that need to be overcome.

Other Countries

Refers to nations beyond one's own, emphasizing differences in culture, legal systems, economic conditions, and governmental structures.

Expatriates

Individuals who live and work outside their native country, usually for a business or professional reason.