ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which word means:to bring in from another country?
A
import
B
export
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -imported; importing; imports. Synonyms of import. transitive verb. : to bring from a foreign or external source: such as. : to bring (something, such as merchandise) into a place or country from another country.

Detailed explanation-2: -What Is an Import? An import is a good or service bought in one country that was produced in another. Imports and exports are the components of international trade. If the value of a country’s imports exceeds the value of its exports, the country has a negative balance of trade, also known as a trade deficit.

Detailed explanation-3: -commodities (goods or services) bought from a foreign country. synonyms: import. Antonyms: export, exportation. commodities (goods or services) sold to a foreign country. type of: commodity, good, trade good.

Detailed explanation-4: -Conveyance-the action or process of transporting or carrying someone or something from one place to another.

There is 1 question to complete.