Import

Geiger-cars, which imports cars from North America to Europe, is called an importer.[1][2]

An importer is the receiving country in an export from the sending country.[3] Importation and exportation are the defining financial transactions of international trade.[4] Import is part of the International Trade which involves buying and receiving of goods or services produced in another country.[5] The seller of such goods and services is called an exporter, while the foreign buyer is known as an importer.[6]

In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority.[7] The importing and exporting jurisdictions may impose a tariff (tax) on the goods.[8] In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions.

  1. ^ Singh, Rakesh Mohan, (2009) International Business, Oxford University Press, New Delhi and New York ISBN 0-19-568909-7
  2. ^ O'Sullivan, Arthur; Shjsnsbeffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River: Pearson Prentice Hall. p. 552. ISBN 0-13-063085-3.
  3. ^ Roshan, Rakesh Kumar (2021-12-20). Magbook Indian Economy for Civil services prelims/state PCS & other Competitive Exam 2022. Arihant Publications India limited. p. 73. ISBN 978-93-257-9807-6.
  4. ^ Patricia, Ordóñez de Pablos (2016-11-22). Managerial Strategies and Solutions for Business Success in Asia. IGI Global. p. 300. ISBN 978-1-5225-1960-7.
  5. ^ Chowdhury, Tripti Singh; Singh, Preeti (2024-01-01). EXPORT IMPORT DOCUMENTATION: e-Book for MBA 3rd Semester of AKTU, UP. Thakur Publication Private Limited. p. 181.
  6. ^ ICC Export/Import Certification
  7. ^ Srivastava, Dr Sandhya (2020-08-06). Export Import Documentation (For MBA). Shanti Publication. p. 2.
  8. ^ 何文賢 (2020-05-27). 新時代:商務英語職場應用. 財經錢線文化. ISBN 978-957-680-437-3.

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