Question

In terms of trade, the country of Israel __________.
A.
imports more products than it exports
B.
exports more products than it imports
C.
imports and exports equal amounts of products
D.
does not import or export any products

Answer 1

A. imports more products than it exports

Israel typically runs a trade deficit — it imports raw materials and energy and many consumer goods while exporting high-tech products, diamonds, and manufactured goods.