Which of the following is an example of an import in the United States? Oa. Corn from Iowa Ob. Cheese from Wisconsin Oc. Gasoline from Alaska Od. Tequila from Mexico

Answer: The example of an import in the United States is Od. Tequila from Mexico. Imports are goods or services that are brought into a country from abroad for sale. Since Mexico is a separate country from the United States, tequila produced there and brought into the U.S. would be considered an import.

Extra: When it comes to understanding imports and exports, it's helpful to remember that an import for one country is an export from another. For instance, when the U.S. buys tequila from Mexico, it is importing that product. On the flip side, Mexico is exporting its tequila to the U.S. Trade between countries allows each country to take advantage of comparative advantages, which means that they are able to produce certain goods more efficiently and at a lower cost than other countries. By trading, countries can offer a wider variety of goods and services to their citizens. The other options provided (corn from Iowa, cheese from Wisconsin, and gasoline from Alaska) are examples of domestic goods circulating within the United States and would not be considered imports within the U.S. because they originate from within the country, not from a foreign country.