1 Nov 2021
Problem 5
Page 573
Section SELF: CHECK QUESTIONS
Chapter 23: The International Trade and Capital Flows
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1 Nov 2021
Introduction
Export refers to the selling or transferring goods or services from the selling country to the country which is purchasing the same and providing monetary value in the exchange. The export ratio is the proportion of gross domestic product that is exported in products and services. Gross domestic product (GDP) is the measure of cash of a nation's or country's ultimate products and services generated in a certain period.
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