Imports
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Imports (im•ports)
Imports (pronounced as /ˈɪm.pɔːrts/) are goods or services brought into a country from abroad for the purpose of selling. The term is derived from the Latin word importare meaning "to bring in".
Etymology
The term import is derived from the Latin word importare which means "to bring in". The word is a combination of im- (into) and portare (to carry).
Related Terms
- Export: The act of sending goods or services to another country for sale.
- Trade: The action of buying, selling, or exchanging goods or services.
- Tariff: A tax or duty to be paid on a particular class of imports or exports.
- Customs: The government department responsible for collecting and managing the taxes on goods that are imported into a country.
- Trade Deficit: An economic measure of a negative balance of trade in which a country's imports exceed its exports.
- Balance of Trade: The difference in value between a country's imports and exports during a certain period.
See Also
External links
- Medical encyclopedia article on Imports
- Wikipedia's article - Imports
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