Which word means when people trade goods and services for other goods and services, or for money?

Foreign goods and services purchased from other countries are known as

Goods and services that are sold to buyers in other countries are known as

This is when people, regions, or other countries produce a narrower range of goods and services than they consume

Goods and services produced outside of your home country

Goods and services that are produced in your home country

The United States sending cars to Canada is an example of which vocab term?

Canada sending maple syrup to the United States is an example of which vocab term?

Which of these is an example of a domestic good?

Which of these is an example of a foreign good?

Which scenario is an example of an exchange?

Why do countries participate in voluntary exchange?

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