What do you call goods or services that are sold to other countries?

Study for the Mariemont HS Business Foundations Test. Utilize flashcards and multiple choice questions with helpful hints and explanations for better preparation. Get ready for success!

Goods or services that are sold to other countries are known as exports. This term specifically refers to the items produced in one country and shipped to another to be sold there. Exporting is a vital aspect of international trade, as it allows businesses to reach broader markets beyond their own borders, increasing sales potential and contributing to economic growth. By engaging in exports, companies can also gain access to new customer bases and diversify their market presence, which can enhance their overall profitability and sustainability in the global economy.

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