After finishing college, Nathan joined his uncle's company in Miami, FL, a company that buys bauxite, copper, and other minerals from the country of Chile, and brings them into the U.S. Everyday, he brokers trades with mines in Chile. His uncle's company is in the export-The statement is False
Explanation:
From the information given in the question it is clear that company that buys bauxite, copper, and other minerals from the country of Chile, and brings them into the U.S.-So Nathan uncles company is an importer of bauxite, copper, and other minerals
The term importer refers to the country who imports goods and service from other countries.
For Example :India imports Oil. ,precious stones,Electronics,Heavy machinery,Organic chemicals,Plastics,Animal and vegetable oil,Iron and Steel.
Exporting means goods and services which are produced in one country are purchasedby other countries.
Answer: This statement is FALSE.
Explanation: Export can be defined as the act of exportation; which is the act of conveying or sending commodities abroad or to another country in the course of commerce.
This is exactly the opposite of what Nathan uncle's company does. As a matter of definition, what Nathan's uncle company does is known as IMPORT. Which is the act of conveying or bringing in goods and commodities into a place or country from another place or country.
