What is the correct definition of exports?

The definition of exports refers specifically to goods that are produced in one country and then sold in another country. This definition highlights the flow of goods from the domestic market to the international market, emphasizing the origin of the production. When a product is manufactured within a country and subsequently sold to buyers in a foreign nation, it becomes an export.

This concept is crucial in international trade, as exports play a significant role in a country's economy by generating revenue and often influencing trade balances. Understanding what constitutes exports is fundamental for analyzing economic relationships between countries, trade policies, and market dynamics.

The other options describe different aspects of trade and goods flow but do not accurately convey the definition of exports. For example, goods produced abroad would typically refer to imports, while goods produced locally and sold domestically or sold exclusively within the home country do not involve international exchange, which is integral to the concept of exports.