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Goods and services purchased abroad and brought into a country are called ________. group of answer choices gross domestic products exports gross national products imports

Respuesta :

Imports are goods and services purchased abroad and brought into a country.


What are imports?

A product or service that was made overseas and was bought in your native nation is an import.

When native industries are unable to produce comparable goods and services affordably or effectively, imports are appealing.

It is frequently determined through free trade agreements and tariff schedules which commodities and materials are less expensive to import.

On the advantages and disadvantages of imports, economists and policy analysts disagree.

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