Canadian logging companies sell timber in the United States. To the U. S., the timber is a(n), and for Canadians, the timber is a(n) .

import; export

Explanation:

Canadian logging companies sell timber in the United States. To the U.S., the timber is an import, and for Canadians, the timber is an export.

An import is a good that is brought into a country and sold from another country while an export is a good that a country sells to other country. Timber is a export to the United States since it's brought from Canada.

lives by a moral and ethical code

answer; dividing net income by 1- t ;