Which term refers to goods coming into a country from abroad?

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Study for the Ohio AIR US History Exam. Use our extensive resources, flashcards, and multiple choice questions with hints and explanations to boost your confidence and readiness for the exam.

Multiple Choice

Which term refers to goods coming into a country from abroad?

Explanation:
Movement of goods across borders is a basic trade idea. An import is goods brought into a country from abroad, used to meet domestic demand or supply local industries. For example, importing electronics from abroad or coffee from another country. This contrasts with export, which is sending domestically produced goods out to other countries. Related terms include a tariff, which is a tax on goods crossing borders (often on imports), and an embargo, which is a government ban on trade with a particular country.

Movement of goods across borders is a basic trade idea. An import is goods brought into a country from abroad, used to meet domestic demand or supply local industries. For example, importing electronics from abroad or coffee from another country. This contrasts with export, which is sending domestically produced goods out to other countries. Related terms include a tariff, which is a tax on goods crossing borders (often on imports), and an embargo, which is a government ban on trade with a particular country.

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