Business Studies, asked by shashanth123, 1 month ago

what is import trade​

Answers

Answered by llMichFabulousll
9

Explanation:

The import trade refers to goods and services purchased into one nation from another.

Answered by DaRvl
1

Answer:

It is the process wherein a country receives goods or services from another country in exchange for money. Countries import essential commodities that aren't present in abundance in their nation.

Explanation:

The import trade refers to goods and services purchased into one nation from another. ... Every country imports goods and services that the domestic country cannot manufacture, maybe because the country cannot produce effectively or cheaply like another exporting country.

Similar questions