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Which of the following phrases BEST defines the term export? A. to place taxes on goods purchased from other countries B. to purchase a product from another country C. to send a product to another country D. to limit how much of a good can come from other countries Please select the best answer from the choices provided A B C D

Answer :

Answer:

C. To send a product to another country.

Explanation:

An export is when one country send (goods or services) to another country for sale.

Here are the other answers:

A. Tariff

B. Import

C. Export

D. Non-tariff Barrier/Embargo

The correct answer is option C : To send product to another country.

Export refers to a product or service produced in one country but sold to a buyer abroad. Exports are one of the oldest forms of economic transfer and occur on a large scale between nations.

Why the other options are incorrect?

  • Option A says to place taxes on goods purchased from other countries which can't be termed as Export because when we talk about export we mean about the service that is being provided to other countries by a single country.
  • Option B says to purchase a product from another country , this can't be considered as export as this is a voulantry purchase that is being made , so this would be termed as Import.
  • Option D to limit how much of a good can come from other countries , if the limit is being set by a country for how much trade has to be made it can't be considered as export as it is their personal choise to set limitations of the country.

For more information about Trade refer :

https://brainly.com/question/14274727

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