Business Studies, asked by shweta3564, 11 months ago

short procedure of import trade​

Answers

Answered by Talentedhero74
1
Import Procedure: Import trade refers to the purchase of goods from a foreign country. The procedure forimport trade differs from country to country depending upon the importpolicy, statutory requirements and customs policies of different countries. ... The imports of goods have to follow a procedure.
Answered by yash00770
0

An import is a good brought into a jurisdiction, especially across a national border, from an external source. The party bringing in the good is called an importer.[1][2] An import in the receiving country is an export from the sending country. Importation and exportation are the defining financial transactions of international trade.

In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions.

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