Question

In export by a country, the goods

• A. are purchased from abroad
• B. are sold abroad
• C. are invited into the country
• D. all of these

Hint:

Export is the process where goods are sold from one country to another, contributing to the economy.

Answer 1

The Correct Option is B

Step 1: Understanding the concept of export.
Export refers to the process of selling goods from one country to another. When a country sells its goods to other countries, it is called export. This process plays a crucial role in the economy.

Step 2: Analyzing the options.
(A) are purchased from abroad: This refers to import, not export, as it involves buying goods from other countries.
(B) are sold abroad: This is the correct answer. In export, goods are sold abroad.
(C) are invited into the country: This is not related to export; it refers to imports.
(D) all of these: This is incorrect, as options (A) and (C) are related to imports, not export.

Step 3: Conclusion.
In export, goods are sold abroad. Therefore, the correct answer is (B) are sold abroad.