Question

Match the given scenarios and analyze whether they are labor related issues.

Answer 1

I'd say the 2 big ones on left in import and the one on bottom right export the one in top middle export and all the way to top right import

Answer 2

Answer:

Import:

• Kevin buys a new DVD...
• Avent Inc. purchases raw materials...

Export:

• Jenie sells her antique sewing machine...
• Stratatega Corporation sells its board games...
• Jeffrey moves to Jamaica... (labor related issue)

Explanation:

Export refers to a function of international trade in which goods that are produced in one country are shipped to a different one in order to be sold. On the other hand, import refers to a good or service that is brought into one country from another. Exports and imports are particularly common in countries that have few restrictions on trade, such as tariffs or subsidies.