Social Sciences, asked by reneadonia15, 2 months ago

What do you mean by import and export of a country?​

Answers

Answered by SIRADITYA
2

Answer:

An import is a good or service bought in one country that was produced in another. Imports and exports are the components of international trade. If the value of a country's imports exceeds the value of its exports, the country has a negative balance of trade, also known as a trade deficit.

Explanation:

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Answered by aayushiahirwal
2

Answer:

An import is a good or service bought in one country that was produced in another. Imports and exports are the components of international trade. If the value of a country's imports exceeds the value of its exports, the country has a negative balance of trade, also known as a trade deficit.

Explanation:

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