"Importation" redirects here. For the law in logic, see Importation (logic).
Geiger-cars, which imports cars from North America to Europe, is called an importer.[1][2]
Import is the activity within international trade which involves buying and receiving goods and services produced in another country.[3] An importer is a person, organization or country receiving imported goods which have been exported from another country.[4] Importation and exportation are the defining financial transactions of international trade.[5] The seller of such goods and services is called an exporter.[6]
In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority.[7] The importing and exporting jurisdictions may impose a tariff (tax) on the goods.[8] In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions.
^Singh, Rakesh Mohan, (2009) International Business, Oxford University Press, New Delhi and New York ISBN0-19-568909-7