ELI5: Explain Like I'm 5

Import-Export (logic)

Import-export is when you buy and sell things between different countries. When a company in one country wants something that is made in another country, they can do an import-export. The company in the one country buys what they need from the other country and then sells it back in their own country. So it's like buying from one store and selling to another store. This way, people or companies from different countries can get what they need without ever leaving their own country.