Extreme mangrove corals found on the Great Barrier Reef

The first documented discovery of "extreme corals" in mangrove lagoons around Australia's Great Barrier Reef is yielding important information about how corals deal with environmental stress, scientists say. Thirty four species ...

Research sheds new light on Antarctic control of global climate

Scientists have made a new discovery that challenges previous understanding of the relationship between the polar Southern Ocean, next to Antarctica, and carbon dioxide levels in the atmosphere. Their findings show that, ...

Entropy explains RNA diffusion rates in cells

Recent studies have revealed that within cells of both yeast and bacteria, the rates of diffusion of RNA proteins—complex molecules that convey important information throughout the cell—are distributed in characteristic ...

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Import

The term import is derived from the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such goods and services is referred to an "importer" who is based in the country of import whereas the overseas based seller is referred to as an "exporter". Thus an import is any good (e.g. a commodity) or service brought in from one country to another country in a legitimate fashion, typically for use in trade. It is a good that is brought in from another country for sale. Import goods or services are provided to domestic consumers by foreign producers. An import in the receiving country is an export to the sending country.

Imports, along with exports, form the basis of international trade. Import of goods normally requires involvement of the customs authorities in both the country of import and the country of export and are often subject to import quotas, tariffs and trade agreements. When the "imports" are the set of goods and services imported, "Imports" also means the economic value of all goods and services that are imported. The macroeconomic variable I usually stands for the value of these imports over a given period of time, usually one year.[citation needed]

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