Visible imports are defined as?

Visible imports refer specifically to tangible goods that are brought into a country from abroad for consumption, which is accurately described in the correct answer. When we think about visible imports, we are focusing on the physical products that are purchased by Irish businesses and individuals from foreign countries. This includes all the goods that are shipped in from overseas and made available for sale in the domestic market.

The nature of visible imports is that they are distinct from other types of transactions, such as services, which are not accounted for in this category. The emphasis here is on the physicality of the products being imported and their role in the economy.

In contrast, the other choices do not capture the essence of visible imports. Selling products within Ireland by foreign businesses pertains to the operation of those businesses rather than the direct act of importing goods. The third choice speaks about goods manufactured in Ireland for export, which pertains to visible exports rather than imports. Finally, the last option discusses local products sold internationally, which does not align with the definition of importing anything into the country. Thus, option B accurately encompasses what visible imports are all about.