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we all are familiar with the terms imports and exports when it comes to International as well as domestic economy in this video Ill tell you how imports and exports affects you Imports are an important indicator and a vital component of the economy a high level of imports indicates robust domestic demand and a growing economy Ill give you an example for that today in Market there is a growing demand for electronic gadgets branded clothing food Automobiles and other consumer goods many of them are foreign brands and it is because of imports they are accessible to us when you purchase these Goods you are spending and that makes the economy grow therefore a high level of imports indicates robust domestic demand and a growing economy now it is even better if these Imports are mainly of productive assets like machinery and equipment it means they will be used for a long-term productivity and productivity is necessary for an economy to grow when net exports exceeds net Imports the nation h