Question

How does importing differ from exporting?

Answers

Reina Bonilla
Imports are items bought from other countries and exports are goods and services sold to other countries.
Reina Bonilla
How does balance of trade differ from balance of payments?
?
Reina Bonilla
cultural factors that affect business activities

Language, holidays, traditions , different currency, different ideas
Ms. Sue
http://www.investopedia.com/terms/b/bot.asp?layout=infini&v=4B&adtest=4B

I looks like your answers are correct.

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