Define 'Imports'.
Understand the Problem
The question is asking for the definition of 'Imports', which typically refers to goods and services brought into one country from another. This can cover various aspects including trade, economics, and business.
Answer
An import is a good or service brought into one country from another for sale.
An import is a good or service brought into one country from another for sale.
Answer for screen readers
An import is a good or service brought into one country from another for sale.
More Information
Imports are a crucial component of international trade as they allow countries to access goods and services not available domestically. This can impact a country's economy, affecting variables like job availability and domestic price levels.
Sources
- Import: Definition, Examples, and Pros and Cons - Investopedia - investopedia.com
- IMPORT | definition in the Cambridge English Dictionary - dictionary.cambridge.org
- Import Definition, Types & Examples - Lesson - Study.com - study.com
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