Difference between revisions of "Imports"
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
:[[Imports]]. Goods and services produced abroad and sold domestically. | :[[Imports]]. Goods and services produced abroad and sold domestically. | ||
| + | According to [[Macroeconomics by Mankiw (7th edition)]], | ||
| + | :[[Imports]]. Goods and services bought from other countries. | ||
| + | |||
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] | ||
Latest revision as of 16:55, 2 July 2020
Imports are goods and services produced abroad and sold domestically.
Definitions
According to Principles of Economics by Timothy Taylor (3rd edition),
- Imports. Goods and services produced abroad and sold domestically.
According to Macroeconomics by Mankiw (7th edition),
- Imports. Goods and services bought from other countries.
