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Goods are bought from suppliers from foreign countries. Then a customs tax is paid as the goods a brought (by air/land/sea) into the country
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What is import trade?
import trade is when a country sells goods and services to other countries and they are paid in foreign currency
What increases prices of certain foreign made goods?
An import tariff increases the sale price of foreign-made goods.
What does it mean to buy goods from other countries?
import
Which of these increase the price of certain foreign-made good?
An import tariff increases the sale price of foreign-made goods.
Which of these is a reason why the U.S. charges an import tax on certain foreign goods?
to prevent foreign competitors from undercutting U.S. prices and profits
What is import trade?
import trade is when a country sells goods and services to other countries and they are paid in foreign currency
What countries import goods to Greece?
None. Some countries export goods to Greece and others import goods from Greece.
How does importing goods affect the amount of money in circulation?
When you import goods, you pay money to other countries. Less money remains in your country while more money goes to the foreign countries.
Does Canada import trucks?
No Canada does not import trucks to other countries however it does import other goods from its countries.
What increases prices of certain foreign made goods?
An import tariff increases the sale price of foreign-made goods.
What do you need to be able to import goods from china?
In the eyes of the legal procedure, it's the same to that you import goods from other countries.
What does it mean to buy goods from other countries?
import
What are 5 import goods from other countries?
grapes?
What types of goods must west African countries import?
West African countries must import more industrial goods than they export in natural products.
What is the name for taxes on goods made in foreign nations?
import taxes or tarrifs
How much oil does Australia import from foreign countries?
none
How were goods moved from ancient Egypt?
They used the Nile to transport goods to other countries or to import them.
