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    Current page location: Home > Answers > What is meant by import exports?
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    Feifei Wang
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    What is meant by import exports?

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    • Time:2018-11-20 13:26:23
    What is meant by import exports?
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    Krise Wu
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    Import and export are two terms that are related to a country’s economy. An import in the receiving country is an export from the sending country. Importation and exportation are the defining financial transactions of international trade. Exports are one component of international trade. The other component imports. They are the goods and services bought by a country's residents that are produced in a foreign country. Combined, they make up a country's trade balance.

    #1Floor 2018-11-20 17:34:40 Reply(0)
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