Counterfeit gold imported from abroad (7)
I believe the answer is:
foreign
'from abroad' is the definition.
(I've seen this in another clue)
'counterfeit gold imported' is the wordplay.
'counterfeit' becomes 'feign' (I've seen this before).
'gold' becomes 'or' ('or' is the heraldic name for gold).
'imported' means one lot of letters goes inside another.
'feign' going around 'or' is 'FOREIGN'.
(Other definitions for foreign that I've seen before include "Exotic" , "not appropriate" , "not typical" , "Non-native" , "Unfamiliar; from abroad" .)