They would be called exports.
A tariff that wasn't even meant to pass congress. It stipulated a ridiculously high import tariff, and the foreign economic response mainly affected the Southern States.
It means you end up with international trade, International aid and international security treaty's,
Electronics (from Germany)
no
The price paid by consumers is increased.
What would be one effect of import substition on the balance of trade of a country
To ship foreign products into a country
import trade is when a country sells goods and services to other countries and they are paid in foreign currency
for most people it would be because in our country you cant get foreign things so you have to import them if you cant grow them
Goods are bought from suppliers from foreign countries. Then a customs tax is paid as the goods a brought (by air/land/sea) into the country
There are a couple words that can be used instead of foreign trade. The word international trade can be used as well as exporting can be used for foreign trade.
of Import
Import agents find products in foreign markets and sell them in their home countries. In many countries, it is extremely difficult and sometimes illegal to try to sell products from another country without going through an import agent.
An import is any good or service brought in from one country to Another Country for sale. This can be through many means of transportation for instance through a port, airport or postage. The buyer of such goods and services is referred to as an 'importer' who is based in the country of import, whereas the overseas based buyer is referred to as an 'exporter.' The buying of such goods and services can be referred to as a 'leakage' to a country's economic income, as it is where a country is spending money into a foreign country's economy.
Foriegn trade means the act of buying and selling of good,it not within the state,but out side the country, that is import and export
Tariff And Import Quota