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No country can be self-sufficient in all desired goods so a country has to import. To pay for imports, a country exports the goods it produces.

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∙ 18y ago

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Related Questions

What countries import goods to Greece?

None. Some countries export goods to Greece and others import goods from Greece.


Write the difference between export and import?

Export is to send goods out of the country. Import is to bring goods into the country.


Import and export goods of new york?

they export apples


Why do you import and export goods?

We import and export goods to get a better income. When we export goods we can either sell or trade some of our goods. When we import, we buy goods from other countries. There are millions of reasons, why people import and export goods. First and the most important is satisfying personal needs ( buying FMCG products, household goods, furniture and decor as well as sport and musical equipment). The second, but not the less important one, is creating export and import businesses, establishing strong and trustworthy relations with international partners. The last reason, countries export and import goods i order to rise the state's economy and insure qualitative live of its citizens.


What does Saskatchewan import and export?

they export wheat and canola. they import goods like fruit , lumber, and clothing.


Which term describes a type of tax related spectifically to the import and export of good?

It is a tariff, imposed on the import and export of goods.


What import and export is all about?

Goods going into and out of a country


What does Canada import and export to Jamaica?

goods servises


What is a closed economy?

An economy that does not import or export goods


What is the Meaning of export marketing?

export marketing is one of the market import-export of goods and services in the export marketing


What goods did ancient Greece import?

grain


Export means outflow of goods and services whereas import is inflow of goods and services That's why export is a component of withdrawals whereas import is a component of injections?

tae!! haha :P

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