import

Examples of import in the following topics:

• Importing

  • The buyer of such goods and services is referred to as an "importer" and is based in the country of import whereas the overseas-based seller is referred to as an "exporter".
  • An import in the receiving country is an export to the sending country.
  • Imports, along with exports, form the basics of international trade.
  • Import of goods normally requires the involvement of customs authorities in both the country of import and the country of export; those goods are often subject to import quotas, tariffs, and trade agreements.
  • While imports are the set of goods and services imported, "imports" also means the economic value of all goods and services that are imported.

• Imports: The Economics Impacts of Buying Goods from Other Countries

  • The domestic purchaser of the good or service is called an importer.
  • Due to the economic importance of imports, countries enact specific laws, barriers, and policies in order to regulate international trade.
  • For example, the U.S. imports labor-intensive goods from China.
  • Instead of importing Chinese labor, the U.S. imports goods that were produced in China by Chinese labor.
  • The map shows the largest importers on an international scale.

• Importing and Exporting

  • Nations export products for which they have a competitive advantage in order to import products for which they lack a competitive advantage.
  • The buyer of such goods and services is referred to an "importer" who is based in the country of import, whereas the overseas-based seller is referred to as an "exporter. " Thus, an import is any good (e.g., a commodity) or service brought in from one country to another country in a legitimate fashion, typically for use in trade.
  • Import goods or services are provided to domestic consumers by foreign producers.
  • An import in the receiving country is an export to the sending country.
  • Exporting raw materials accounts for the funds spent on importing finished goods.

• Quotas

  • Once the initial quota is surpassed, imports are not stopped; instead, more of the good may be imported, but at a higher tariff rate .
  • By restricting imports, quotas minimize the impact of such activities.
  • Protect national security: Import quotas discourage imports and encourage domestic production of goods that may be necessary to the security of the country.
  • Import quotas may promote administrative corruption, especially in countries where import quotas are given to selected importers.
  • In the US, the import of sugar is regulated by tariff-rate barriers.

• Tariffs

  • A tariff is a tax that is imposed by a government on imported or exported goods.
  • Import tariffs: Taxes on goods that are imported into a country.
  • Specific tariffs: Tariffs that levy a flat rate on each item that is imported.
  • Imports of the good fall, from the quantity D-S to the new quantity D*-S*.
  • The government charges a tariff amount of Pt-Pw on every imported good.

• Was the Result Important?

  • The results are deemed important if they change the effects of an event.
  • Once again, this does not mean that the findings are important.
  • So what is importance?
  • But is this difference important?
  • The difference in this case is statistically significant at a certain level, but not important.

• Balance of Trade

  • The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period.
  • The balance of trade (or net exports, sometimes symbolized as NX) is the difference between the monetary value of exports and imports of output in an economy over a certain period.
  • It is the relationship between a nation's imports and exports.
  • The cost of production (land, labor, capital, taxes, incentives, etc.) in the exporting economy vis-à-vis those in the importing economy
  • The availability of adequate foreign exchange with which to pay for imports

• Political Opportunity Theory

  • Describe how and why political opportunities are important to social movements according to political opportunity theory.

• Other Geophysical Applications

  • Tidal and Coriolis forces may not be obvious over a small time-space scale, but they are important in meteorology, navigation, and fishing.
  • Although their effects may not be obvious over a small time-space scale, these forces are important in such contexts as meteorology, navigation, fishing, and others.
  • Tidal flows are important for marine navigation, and significant errors in position occur if they are not accounted for.
  • Until the advent of automated navigation, competence in calculating tidal effects was important to naval officers.
  • The Coriolis effects also became important in ballistics calculations -- for example, calculating the trajectories of very long-range artillery shells.

• Absolute Advantage and the Balance of Trade

  • Absolute advantage and balance of trade are two important aspects of international trade that affect countries and organizations.
  • In the drive for international trade, it is important to understand how trade affects countries positively and negatively—both how a country's imports and exports affect its economy and how effectively the country's ability to create and export vital goods effects the businesses within that country.
  • Absolute advantage and balance of trade are two important aspects of international trade that affect countries and organizations .
  • The balance of trade (or net exports, sometimes symbolized as NX) is the difference between the monetary value of exports and imports in an economy over a certain period.
  • A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit or, informally, a trade gap.