This flashcard is just one of a free flashcard set. See all flashcards!

Imports are generally thought to be more accurately reported than exports because:

a) imports represent a major source of revenue for     the importing country

b) tariffs are generally collected on imports

c)countries tend to under report any activity which, such as exports, represent a payment of funds to other countries

d) imports are restricted to only large, tangible items that are easy to identify, evaluate and report