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Earn +20 ptsQ: What is it called when a country brings in goods it needs from another country?
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Continue Learning about American Government
What are goods brought into a country called?
They would be called exports.
What do you call goods bought from another country?
exportsAdded; Goods sold TO other countries would be EXPORTS. Goods FROM other countries sold here would be imports.
Is another name for capacity of a product to be useful?
utility
What is smuggle?
Smuggling is bringing goods into a country illegally. It may be because the goods are illegal, such as drugs or weapons, or it may be to avoid high taxes. It can also avoid inspections and reported income which means the goods may not meet standards, or they won't have to pay income tax on the income.
What are taxes on goods coming into the US called?
Goods coming into the United States are generally charged a tax. The tax is called customs duty and depend on the value and nature of the goods.
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