Which of the following correctly describes how producing and selling exports can affect how the U.S. pays for imports? (1 point)

Question

• When the U.S. sells exports to other countries, it receives the other countries' currency, which can then be used to purchase imports from those countries.
• When the U.S. sells exports to other countries, it helps create jobs in the U.S., and that causes less money to be available to purchase imports.
• When the U.S. sells exports to other countries, it forces people to borrow money to purchase imports.
• When the U.S. sells exports to other countries, this reduces the profits of U.S. exporting companies, creating more money that can be used to purchase imports.

Answer 1

When the U.S. sells exports to other countries, it receives the other countries' currency, which can then be used to purchase imports from those countries.