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    Microeconomics Principles Applications
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    Exam 3: Exchange and Markets
  5. Question
    A Product Produced in a Foreign Country and Purchased by Residents
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A Product Produced in a Foreign Country and Purchased by Residents

Question 118

Question 118

Multiple Choice

A product produced in a foreign country and purchased by residents of the home country is ________ for the home country.


A) an export
B) an import
C) savings
D) investment

Correct Answer:

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