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Supply Chain Management in Pharmaceutical Industry by Pearson
book

Supply Chain Management in Pharmaceutical Industry by Pearson

by Avadhut C. Sukhtankar, Sanjiv M. Haldankar,, P. M. Wadekar,, Neel Sharma,, Rajeev P. Patil
April 2024
Intermediate to advanced content levelIntermediate to advanced
998 pages
14h 52m
English
Pearson India
Content preview from Supply Chain Management in Pharmaceutical Industry by Pearson

CHAPTER 30

Imports

30.1 WHAT IMPORT MEANS?

Imports are defined as goods produced outside the boundaries of one country, which are then purchased by that country. Together with exports, imports represent the keystone of foreign trade. Demand for imports depends on economic conditions in the buying country, as well as the exchange rate and relative prices.

 

Why do we import?

Imports are important for the economy because they allow a country to supply non-existent, scarce, high cost or low quality of certain products or services, to its market with products from other countries.

 

Are imports good for the economy?

A high level of imports indicates robust domestic demand and a growing economy. If these imports are mainly productive assets, such ...

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Publisher Resources

ISBN: 9789361597640