Question

When Toyota builds Camrys in Japan and sells them in the U.S., it is exporting from Japan and importing into the U.S.

a) True
b) False

Answer 1

The statement about Toyota exporting Camrys from Japan and importing them into the U.S. is true. Exporting and importing are terms that denote selling abroad and bringing in goods from another country, respectively.

Step-by-step explanation:

When Toyota builds Camrys in Japan and sells them in the U.S., the company is indeed exporting from Japan and importing into the U.S. The correct answer to the student's question is a) True. Exporting refers to the action of selling goods or services produced in one country to another country while importing is the process of bringing goods or services into a country from abroad for sale. Therefore, when Toyota manufactures cars in Japan and then sells them in the American market, Japan is the exporting country and the U.S. is the importing country.