0
most goods must be transported by road to Lake Tanganyika then boats take them from there
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
One problem that the countries of Rwanda and Burundi share is?
a lack of means for moving their goods to foreign buyers
How do burundi and rwanda get their goods to buyers?
most goods must be transported by road to Lake Tanganyika then boats take them from there
What is marketable product?
Product market is the place where goods and services are created and sold by businesses. This does not include trading instead focuses on finished goods purchased by the public sector and foreign buyers.
An economy in which the buyers and sellers determaine what goods are produced is called?
A Free Market is where buyers and sellers determine what goods or produced.
What is a product market?
Product market is the place where goods and services are created and sold by businesses. This does not include trading instead focuses on finished goods purchased by the public sector and foreign buyers.
What are foreign goods?
Items brought into a country from another country are foreign goods.
What makes foreign goods more expensive?
Foreign goods are more expensive to purchase. The extra cost from purchasing foreign goods comes from the shipment of the goods over long distances.
What are buyers?
Buyers are consumers -- the people in an economy who purchase goods and services. There are also professional buyers, who work for companies to get the best products at the best prices.
What do you call the amount of goods that buyers are willing and able to purchase?
Demand
What is foreign demand?
It is the foreign demand for domestic goods and services.
How do you import goods from foreign countries?
Goods are bought from suppliers from foreign countries. Then a customs tax is paid as the goods a brought (by air/land/sea) into the country
Function of foreign trade?
(i) Foreign trade creates an opportunity for the produces to reach beyond the domestic markets. (ii) Producers can sell their produce not only in markets located within the country but can also compete in markets located in other countries of the world. (iii) For the buyers, import of goods produced in another country is one way of expanding the choice of goods beyond what is domestically produced.
