What is the term for goods and/or services purchased from overseas and brought into a country?

Study for the IB Geography Exam with flashcards, multiple choice questions, and explanations. Prepare for your success!

The term for goods and/or services purchased from overseas and brought into a country is "imports." This concept reflects the flow of goods and services into a nation, which is a vital component of international trade relationships. Countries engage in importing to obtain products that may not be available domestically, to acquire goods at a lower cost, or to access advanced technology and specialized services.

Imports are an essential part of the economy, influencing everything from trade balance to consumer choices. In global markets, imports can provide a wider variety of products for consumers and contribute to economic growth by allowing countries to focus on their own strengths while relying on others for different goods and services.

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