Imports
a.k.a. Importing
Goods and services a country buys from the rest of the world.
In plain English
Goods and services a country buys from the rest of the world.
Imports are money flowing out. To pay for foreign goods, importers usually sell their own currency to buy the seller's, which can weigh on the home currency.
A strong currency makes imports cheaper, which can help keep inflation down. See exports and balance of trade.
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