Difference between revisions of "Exports"
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
:[[Exports]]. Goods and services that are produced domestically and sold in another country. | :[[Exports]]. Goods and services that are produced domestically and sold in another country. | ||
| + | According to [[Macroeconomics by Mankiw (7th edition)]], | ||
| + | :[[Exports]]. Goods and services sold to other countries. | ||
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] | ||
Latest revision as of 14:58, 2 July 2020
Exports are goods and services that are produced domestically and sold in another country.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Exports. Goods and services that are produced domestically and sold in another country.
According to Macroeconomics by Mankiw (7th edition),
- Exports. Goods and services sold to other countries.
