Men are harder competitors: study

In competition situations, men invest more resources than women in reducing the performance of competitors. Men overestimate sabotage against them and respond accordingly, while women assess the sabotage efforts of competitors ...

Open cluster ASCC 123 investigated in detail

Using the Galileo National Telescope, astronomers have conducted a high-resolution spectroscopic study of the open cluster ASCC 123 as part of the Stellar Population Astrophysics (SPA) project. Results of the new research, ...

10,000 types of plant outgrowths bundled

For nine years he worked on the three-volume standard work Plant Galls of Europe. It yielded 2300 pages about 10,000 species of European galls, abnormal outgrowths in plants caused by parasites. Hans Roskam from the Institute ...

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 ...

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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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