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Sagot :
The reason for not expanding supply basses to foreign suppliers is lower shipping rates due to lower tariffs.
What is import?
Import is when a good or service is brought into a country from a foreign country. Import reduces the value of the gross domestic product of the country that imports. An example of import is when a person living in the US buys shoes from Italy.
Reasons for import
- It might be cheaper to import the good because the country exporting the good has a comparative advantage in the production of the good.
- The imported good could be of a better quality.
- The overseas supplier might hold a patent for the good.
To learn more about imports, please check: https://brainly.com/question/26428996
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