Imports example sentences

Even the payment of money for designing and printing from a bank in London to a bank in Delhi is done instantly through the Internet (e-banking)! Let us return to the example of imports of Chinese toys in India.But would not the import duties on such imports substantially increase his product cost? In addition, he will be incurring additional costs on transportation, packaging and insurance as required in connection with export to foreign destinations.Thus, our exports would constitute foreign imports.On the contrary, if the value of imports exceeds the value of exports, it is termed as unfavourable balance of trade.As usually is the case, firms start their overseas operations with exports and imports, and later having gained familiarity with the foreign market operations switch over to other forms of international business operations.The first major spurt in the development of cotton factory production in India, therefore, was during the First World War when textile imports from Britain declined and Indian factories were called upon to produce cloth for military supplies.Thus, imports depend positively on Y and negatively on R.Also, with cheaper goods at home, imports would fall and exports rise (it is the real exchange rate which will determine competitiveness).Imports went up and their deficits were financed by drawing down their reserves.At Ytb ('tb' for trade balance), the level of income at which the value of imports is just equal to exports, net exports are equal to zero.Besides exports and imports, the rest of the world affects the domestic economy in other ways as well.Economic indices, like national income, distribution of income, rate and growth of GNP, per capita income, disposal personal income, rate of savings and investments, value of exports and imports, balance of payments, and so on.No doubt international trade, comprising exports and imports of goods, has historically been an important component of international business.This might include contexts that have not been covered in the chapter, such as the impact of imports on local farmers, etc.What happens will depend on whether exports are growing faster than imports.

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