Question

Steven runs a jam manufacturing firm in the United States. He _______(imports, consumes,exports) the jam produced to Europe and receives foreign currency in return. Thus, Steven engages in _______(barter trade, international trade, domestic trade) .

Answer 1

Steven runs a jam manufacturing firm in the United States. He _______(imports, consumes,exports) the jam produced to Europe and receives foreign currency in return. Thus, Steven engages in _______(barter trade, international trade, domestic trade) .

Exports and international trade

Answer 2

Exports and international trade

Step-by-step explanation:

Steven runs a jam manufacturing firm in the United States. He exports the jam produced to Europe and receives foreign currency in return. Thus, Steven engages in international trade.