since many people answered here but i am just trying my best :)
import module
is best when you don't know which item you have to import from module
. In this way it may be difficult to debug when problem raises because
you don't know which item have problem.
form module import <foo>
is best when you know which item you require to import and also helpful in more controlling using importing specific item according to your need. Using this way debugging may be easy because you know which item you imported.