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Answered

Which of the following phrases defines the word import

Ato limit how much of a product can come from another country
Bto send a product to another country to sell
Cto purchase a product from another country
Dto tax a product from another country

Verified Answer :

jamiephillips4099

Answer:

B.) to send a product to another country to sell

Explanation:

The word "Import" means-

1.) bring (goods or services) into a country from abroad for sale.

2.) Exporting is the sale of products and services in foreign countries that are sourced or made in the home country. Importing refers to buying goods and services from foreign sources and bringing them back into the home country.

3.) to bring from a foreign or external source: such as. a : to bring (something, such as merchandise) into a place or country from another country. b : to transfer (files or data) from one format to another usually within a new file.

∞Yea thanks to the person who removed me my answer was Nearly∞ incomplete yet in was fine -_- but hopes this helps!

dubeyshailja64

Phrases define the word import as purchasing a product from another country. Thus the correct answer is C.

What is the effect of imports on the economy?

Import refers to buying goods from another country. When any country buys more products from another country it has a negative impact on the economy as more cash flows to foreign countries.

It reflects trade deficiency when the country is unable to fulfill the supply of goods and services due to which the value of the currency goes down.

An export surplus over an import deficit is known as a positive trade balance. Therefore, option C is appropriate.

Learn more about import, here:

https://brainly.com/question/613930

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