TeachMeFinance.com - explain Noncompetitive imports
Noncompetitive imports The term 'Noncompetitive 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 refer to imports of commodities not produced in the United States. Commodities such as tea, bananas, or coffee are considered noncompetitive imports. In contrast, imported commodities that are also produced in the United States are referred to as competitive imports'.
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