Today, many of South America's products such as beef, copper, oil, and soybeans are sold to (C) China.
Who is an import?
- In an export from the sending country, an import is a receiving country.
- The defining financial transactions of international trade are importation and exportation.
- Import quotas and mandates from the customs authority limit the importation and exportation of goods in international trade.
- Tariffs (taxes) on goods may be imposed by the importing and exporting jurisdictions.
- Furthermore, the importation and exportation of goods are governed by trade treaties between the importing and exporting jurisdictions.
- Many South American products, including beef, copper, oil, and soybeans, are now sold to China, which is the largest importer of South American copper.
Therefore, today, many of South America's products such as beef, copper, oil, and soybeans are sold to (C) China.
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The complete question is given below:
Today, many of south america's products such as beef, copper, oil, and soybeans are sold to which country?
(A) Mexico
(B) Russia
(C) China
(D) Australia
