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examples of import trade

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examples of import trade

    • Posted by Dharam Singh 5 years, 2 months ago

    CBSE > Class 11 > Business Studies
    • 1 answers

    Gaurav Seth 5 years, 2 months ago

    The import trade is referred to goods and services purchased into one nation from another. The word “import” originates from the word “port” considering the fact that the products are frequently transported via ship to foreign countries. 

    Example : Person A of India imported hi tech machine from Japan

    The given case is Import trade. Japan's good is coming to India

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