Investing terms

Trading made simple
  • Home

Imports

May 12, 2019 by Investor

Imports
Imports means goods and different services bought from another nation. For example, industrialized nations generally import oil from the OPEC nations. The term “imports” also indicates the economic value of goods and services purchased from abroad.
Components
Generally, the imports are composed of different agricultural products including wheat, corn, rice, oil, petroleum, equipment, intermediate services, machinery and metals. The imports generally contribute to the domestic consumption by raising the purchase of consumer goods and services. It also adds to domestic investment by improving the production capabilities with new equipment and tools. Lastly, it pays to the domestic production through a raised supply of spare parts and raw materials.
Importance
Imports affect the trade balance of a country. A trade surplus takes place when the imports of the country are less compared to the exports whereas the trade deficit takes place when the imports are more than the exports. If a trade deficit takes place, it generally implies that the local production is weak as the demand for services and goods is more than the claim for domestic services and goods. This can translate the weaker employment and finally lowers consumption.

Related posts:

  1. How to use The balance of trade or NX information in forex trading ?
  2. Balance of Trade – What is Balance of Trade?
  3. Trade Balance
  4. Exports
  5. Import prices
  6. How to use Consumer market reports in online forex trading ?
  7. Balance of trade
  8. How to use Gross Domestic Product GDP in forex trading analysis ?

Filed Under: Education, Uncategorized

LMFX PAMM

Ads

InstaForex

Categories

  • EasyMarkets
  • Education
  • ETX Capital Review
  • Featured Terms
  • Forex brokers
  • Forex Exness
  • Freshforex Review
  • Fxpro
  • Terms
  • Uncategorized
  • XM forex broker
  • Xtrade Review
  • Zulutrade Review

Choose foreign language section

  • الاستثمار حيث
  • পদ বিনিয়োগ
  • 投资条款
  • Investitionen Begriffe
  • शर्तें निवेश
  • Conditions investir
  • Investire termini
  • 用語を投資
  • Investir termos
  • Términos invertir
  • Инвестирование условия
  • Terimleri Yatırım
Copyright wikifx.info 2013