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The capitalists in each country decide this, or at least they decide what they would like to do, but competition and the market can stop them.

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paulbenn

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βˆ™ 8mo ago
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Wiki User

βˆ™ 11y ago

The country can decide to prevent import or export but the free market decides what you can, not the country.

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Q: How do countries decide which good to export and which good to import?
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Related questions

What is process to import a good?

I would say something the export and import for two way of process for country. The Export and Import connected to the two countries. The business man earn the more profit. it is good relationship maintain for the two countries.


Which term describes a type of tax related spectifically to the import and export of good?

It is a tariff, imposed on the import and export of goods.


What is the importance of import and export?

for a formation of good relationship among the countries of the world for finance purposes,economic stability and production stables


Suggest you a good name for Import and Export?

Auses impex


What do Korean export and import rules refer to?

The Korean export and import rules refers to the laws that have been put in place by the government. These rules serve to work for the general good of Koreans.


How was cornelius vanderbuilt good?

He was the inventer of steam boats which helped the import export business


What is a good sentence for the word important?

My father has import, export business in Canada


What is a good that is traded to other countries?

export


What type of export business yield more profit?

This depends on your country or countries you intend to export from and this is very important since not any country can import anything. For instance, India is good at exporting tea and it works well for them because they have it in plenty so they make money with it internally and export-wise. Although stuff like car spare parts do well in most countries; hint.


How to Determine the Best Export Import Certificate Training Course?

India's import-export business is growing ; Despite the epidemic, it is progressive. Anyone who is a new entrepreneur or who is taking the first step in the import-export business may feel uncomfortable with all the things they have to go through. So to become more knowledgeable about the business, many academies in India are offering import-export courses. So what if you are looking for one but have difficulty choosing which course might be best for you? Some of you may have a theory for your import-export business but do not have enough practical knowledge to work on it. With a lot of information available in offline mode, you may be confused about which should be more accurate based on import-export business information. Well, don't worry, this blog will help you decide which export-import practical training course is best for you. Export-import online courses also need to be practical Many export-import online courses may seem theoretical to you, including topics like conceptual courses and import-export legal documentation, export marketing, import marketing, logistics and economics with more information. These concepts work, but you also need to understand the logic behind them and can only be worked out if they are learned. At the B2B Export-Import Academy, students will learn what practical steps need to be taken, including assignments and practical lessons, to solve the export-import practical training course. Export-import practical training sessions will be conducted via Skype or Zoom with instructors to guide on practical work. The Export-Import online course should cover major topics. If you are new to the import-export business and are curious about it, the Import-Export Business Certification Program will help you, but you need to be sure of what you are learning from it. So let's list the topics we are learning from the Export-Import online course. Basic legal documentation process What products can you export and import from your country? -Which countries are you doing your import-export business with? What are the products that are in high demand and which are beneficial for the business? Tax rates on various products Tax rates on products from other countries Which product has the potential to be more profitable Local trade policies Foreign trade policies How to connect with buyers and suppliers? Some of the above points are fundamental, and some in advance, but they share important values ​​for understanding the import-export business in India. If the following courses offer or cover these topics in their export-import online course, this may be the best course you should apply for. In B2B Export Import Academy, the following certificate course in import-export covers all the subjects as mentioned above. Professional entrepreneurs must do an export-import online course. As I mentioned in the first point, import-export online courses must also be taught with practical representation, but what more can be achieved if online courses share the practical experiences of others. As with any export-import online training program, these business entrepreneur sessions are not regular sessions but twice a week. As a student, practical experience about import-export business along with experience in the field by entrepreneurs can help you a lot. With shared experience, you will understand different perspectives, strategies and insights about working in the import-export business. Last word - There is a lot of information in the import-export business. Learning and understanding business in both online and offline platforms . Practical implementation is effective on your side. There are many import-export business certification programs available in the market. which is the best, there is a more practical implementation course. B2B Export Import Academy focuses on practical implementation, which helps its students understand how the business works. The Export-Import Business Practical Certificate program is one of the best online courses they offer.


What is the importance of price in the production of goods?

The price in the production of goods determines if the country will import or export the good. If the country's price is above the world price, it will import the good because it will be cheaper for them to buy it than to make it. If the country's price is below the world price, it will export the good because it can produce the good at a lower price than the rest of the world.


Do both countries benefit from export trade?

Yes, I agree with the opinion the export trade helped both the countries. It will be a great opportunity to export goods of a particular country to other countries because that would bring money and also fame for a country if its exported products are good. The traders of that country would get enough money for their products. The people of the countries which import those goods maybe benefitted as their choices for goods increases and they could even use those products, which are made thousands od miles far.