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What is import and export​

User Yohanna
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2 Answers

3 votes

Answer:

  • Imports are the goods and services that are purchased from the rest of the world by a country’s residents, rather than buying domestically produced items.

  • Exports are goods and services that are produced domestically, but then sold to customers residing in other countries.

Hope it helps....

User Maghis
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4.5k points
3 votes

Answer:

import means to buy goods from other country and export is to sell goods from our country

Step-by-step explanation:

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User Timofey Stolbov
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