Import
in sentence
743 examples of Import in a sentence
There was no retaliation, for example, when President Richard Nixon imposed a 10% across-the-board
import
surcharge in 1971, arguably in violation of both the General Agreement on Tariffs and Trade (the forerunner to the World Trade Organization) and United States law.
This is becoming a headache for business and government responds with old-fashioned remedies: export subsidies and
import
controls.
Lacking in savings and wanting to grow, the US runs massive current-account and multilateral trade deficits in order to
import
other countries’ surplus savings.
While
import
liberalization works fine for integrating with the world economy when import-competing interests are not powerful and the currency is unlikely to become overvalued, export subsidies or special economic zones will work far better in other circumstances.
Just ten years ago, the natural-gas industry was so sure that domestic production was reaching its limit that it made large investments in terminals to
import
liquefied natural gas (LNG).
Lacking in saving and wanting to grow, the United States must
import
surplus saving from abroad.
One of the most notable hikes occurred in 1922, when the Republican-controlled government passed the Fordney-McCumber Tariff, which raised the average
import
tariff rate by 64%.
The two-thirds decline in aggregate imports from 1929 to 1933 was only partly a result of falling incomes, and hence
import
demand; retaliatory trade and exchange-rate policies also played a major role in bringing about the global trade collapse.
Simultaneous to this, a strong consensus developed among economists and policymakers that favored the
import
substitution policies then being pursued by countries including India, Argentina, Brazil, Egypt and Turkey.
This is because the so-called “linking directive” – the regulation authorizing EU firms to
import
Certified Emission Reductions from CDM projects – bans credits from any forestry project.
Despite loud protests from Canada and the UK, the US Department of Commerce now seems set to impose an extremely high
import
tariff of about 300%.
With a less competitive currency, many analysts hope, China will export less and
import
more, making a positive contribution to the recovery of the US and other economies.
As a result, levels of
import
penetration actually fell, quite sharply, in virtually every country.
Producers had problems, to be sure, but
import
competition was the least of them.
In a desperate effort to do something – anything – to defend their economies, they turned to protectionism, imposing “exchange-rate dumping” duties, and
import
quotas to offset the loss of competitiveness caused by their own increasingly overvalued currencies.
For example, greater integration with world markets can be achieved via export subsidies (South Korea), export-processing zones (Malaysia), investment incentives for multinational enterprises (Singapore), special economic zones (China), regional free trade agreements (Mexico), or
import
liberalization (Chile).
They share signage with military units; enjoy better housing than military personnel; run the food services; and
import
Southeast Asian workers to build the gigantic infrastructure, which was new when I visited in 2009 (calling into question the “deterioration” cited to justify the latest cash infusion).
The economic analysis pillar is based on a wide set of domestic and international economic indicators from the real and financial sectors (wages,
import
prices, interest and exchange rates etc.).
Second, inside the US, the return of the dollar toward its equilibrium value is carrying with it
import
price inflation.
Nor is a US that cuts back on
import
purchases more rapidly in the interest of any export-oriented developing economy – including China.
The obvious alternative to
import
tariffs is plain-vanilla fiscal policy – tax cuts and increases in public spending.
On the other hand, doubling Nord Stream’s capacity to 110 bcm would in theory enable Europe to
import
all of Russia’s gas, via Nord Stream alone.
The rationale for this convergence hypothesis is that poor countries can
import
capital and technologies from wealthy countries and reap the advantages of such investments.
This statistic begs the question of why India continues to
import
foods and oils that could be produced domestically.
First, international trade is based on the principle of comparative advantage; countries export goods in which they have a relative advantage and
import
goods in which they have a relative disadvantage.
Instead, these potentates of the past chose to
import
manufactured goods from Europe in exchange for their own subjects, whom they exported as slaves.
Hence, the
import
of Chinese labor into a continent not lacking in able-bodied workers.
The accumulation of gradual changes that have already occurred in Korean society made it acceptable to
import
a westerner to coach the Korean national soccer team and to allow him to establish a meritocratic regime.
The discovery of ancient amphorae has confirmed that India used to
import
products such as olive oil, wine, and glass from Italy, in exchange for exotic items like ivory and spices.
And it should open its markets, not only by abolishing its
import
tariffs on Ukrainian products, which has already been decided, but also by granting a temporary exemption from the need to meet all of the EU’s complicated technical standards and regulations.
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