What is Import Export Business ?.| Why we should do it?| Learn Import Export Business. Part -1

What is Import Export Business ? and Why we should do it?. Learn Import Export Business. Part -1.
An import is a good or service bought in one country that was produced in another. Imports and exports are the components of international trade. If the value of a country's imports exceeds the value of its exports, the country has a negative balance of trade, also known as a trade deficit.
Exports are goods and services that are produced in one country and sold to buyers in another. Exports, along with imports, make up international trade.
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