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LampPro Tip 1/3
Trade and EconomyPlay
Understanding 'import' helps comprehend global trade and a country's economy. SlideJapan's car imports affect the automobile market.
LampPro Tip 2/3
National DependencyPlay
'Import' often indicates a country's dependence on foreign products. SlideThe import of wheat is crucial for drought-affected countries.
LampPro Tip 3/3
Contrast with ExportPlay
Comparing 'import' with 'export' gives insight into a country's trade balance. SlideIf a country's imports exceed exports, it has a trade deficit.