Chapter 18, Problem 5AA

To determine

To fill: The blank with suitable option.

Answer to Problem 5AA

Option (b)

Explanation of Solution

Export refers to the act of selling domestically produced goods and services abroad. In other words, it is the expenditure made by non-residents on the purchase of goods and services that have been produced rest of the world. Therefore, exports tend to expand the trade of goods and services by crossing national boundaries.

Hence the correct option is (b) -overseas.