Question

What is difference between export and import?
❌Do not spam❌​

Answer 1

Answer:

Exports refers to selling goods and services produced in the home country to other markets. Imports are derived from the conceptual meaning, as to bringing in the goods and services into the port of a country. An import in the receiving country is an export to the sending country.

Answer 2

Answer:

The main difference between import and export is that the import refers to bringing goods and services from other countries to the home country while the export refers to selling goods and services from the home country to other countries.

Export and import are essential phenomena in the international economy. Both these trading processes directly affect the economy, facilitating the economic advancement in a country and the world as a whole....