What is the correct definition of imports?

The definition of imports refers to goods that are produced in a foreign country and then brought into a domestic market for purchase. This concept is fundamental in international trade, as it involves the flow of goods across borders where a country acquires products that are not made locally. Understanding imports is crucial because they affect a nation's trade balance, consumer choice, and market competition.

In contrast, the other options describe different aspects of trade or production. Goods produced locally and sold internationally pertain to exports, which is the opposite of imports. Likewise, goods sold exclusively in international markets would also be classified as exports, indicating that these products are never intended for domestic consumption. Lastly, goods manufactured for local consumption specifically refers to products created within a country for its own market, which does not align with the definition of imports, as it implies no foreign production or influence.