What is referred to as an export?

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An export refers specifically to the goods or services that are produced in one country and sold to customers in another country. In this context, when Irish businesses sell their products to foreign businesses, they are engaging in international trade, transferring their goods across borders. This movement of products is essential for understanding how economies interact globally, as exports play a crucial role in a nation's economy by generating revenue and stimulating domestic production.

The other choices reflect different aspects of international trade. Products sold from foreign businesses to Irish consumers represent imports rather than exports. Similarly, services provided to international clients could also be seen as exports if they originate from Ireland, but they do not pertain to physical products. Goods purchased from other countries describe imports as well, which are the opposite of exports. So, the focus on goods produced domestically and sold to international markets is what solidifies the understanding of exports.

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