Definition of Competitive imports

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TeachMeFinance.com - explain Competitive imports



Competitive imports

The term 'Competitive imports ' as it applies to the area of agriculture can be defined as ' A term used by the Economic Research Service in its reporting of agricultural trade statistics to describe imports that are similar to and therefore competitive (in contrast to non-competitive) with those produced in the United States. Examples are beef, wheat, cotton, and sugar'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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