Question

Distinguish Between

Imports and Exports

Answer 1

Sr. No.	Imports	Exports
1.	Goods and services bought from overseas producers.	Goods and services sold to overseas consumers.
2.	A country that imports goods and services lose foreign exchange currency.	A country that exports goods and services gain foreign exchange currency.
3.	Tamil Nadu imports machinery, electrical equipment, mineral, fuel, and pharmaceutical products.	Tamil Nadu exports agricultural products, Leather products, Gems, and jewelry, chemical, and related products.