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Import
(redirected from Importables)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia 0.01 sec.
Import
A good produced in a country other than the one in which it is sold. Imports bring money into the producing country and can remove money from the country in which the good is sold. For that reason, many economists believe that a nation's proper balance of trade means more exports are sold than imports bought. Some countries set up various trade barriers against imports, notably import quotas and tariffs. Most governments seek to promote exports, while they have differing positions on imports. See also: Free trade, NAFTA.

import
A good or service brought into a country from another country and offered for sale. While some imported items originate in foreign subsidiaries of domestic companies, large increases in imports tend to hurt sales and profits of many firms located in the importing country. Compare export. See also balance of trade, quota.


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This also required that value and/or quantity limits were specified for the listed importables on each license.
Consider a two-product developing country economy where prices are determined by the ratio of importables to exportables (i/x).
The shortest list of the parameters that determine the form of demand curves in an aggregative model would include the price of importables as well as exportables and the level of aggregate spending (also known as absorption).
 
 
 
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