What do you mean by the term Import and Export?

Submitted by: Administrator
Import is the trading process, when we buy various resources such as products and services, carry them from another country and ship it to the home country. Export is the supply of these resources from home country to another country for shipment purpose.
Submitted by:

Import export is trade between two parties which located in different countries. Import is buying procedure from overseas supplier where as export is selling procedure to overseas client. In both kind of trade produced, manufactured as well as Services are exchanged.
Submitted by: Amol

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