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import

definitions

  1. A good that crosses into a country, across its border, for commercial purposes.

  2. A product, which might be a service, that is provided to domestic residents by a foreign producer.

  3. To cause a good or service to be an import under definitions 1 and/or 2.

Related Terms

 • tariff  • transaction exposure  • import export  • import quota  • opportunity cost  • trade  • venture  • import levy
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