An import means bringing of goods into one country from another country in a legal way. An export means selling of goods from one country to another country in a legal way. The terms import and export are used for the purpose of trade and business. The import and export of goods does affect the economy of a country in a major way. Various countries have different trade policies and the import and export of goods is regulated by the trade policies of the two countries who are involved in import and export.
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