explain the difference between imports and exports.

question 12 options:

exports are the goods and services a nation produces and sells to other nations; imports are the goods and services a nation buys from other nations

imports are the goods and services a nation produces and sells to other nations; exports are the goods and services a nation buys from other nations.

imports are the goods and services a nation produces and sells to other nations; exports are the country's ability to produce more of a given product than can another country.

The difference between imports and exports is that :

Exports are the goods and services a nation produces and sells to other nations, imports are the goods and services a nation buys from other nations

Explanation:

Imports: These are goods or services brought from another locality to a new locality especially across a country border. the act of importing ( bringing in goods and services from outside a locality with the intention to sell to consumers in your own locality ) is been carried out by business men/women known as importers

Exports: These are goods or services produced in a locality usually a country and sold to another country through the borders. the act of exporting ( sending out goods and services produced from a country to another country with the intention to sell to consumers in that locality) is been carried out by business men/women known as exporters

answer; possession utility;

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