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Identify and explain three problems that a company might face in exporting their products to other countries?
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∙ 11y ago
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Wiki User
∙ 11y ago
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How exporting and importing can increase foreign exchange?
Exporting and importing goods will increase the chances of greater communication with other countries. The export of local products will be greater if other residing countries enjoy the product and would want to have more exported. It's almost the same with importing other products. If there is a greater demand for it, the country will have to get more from where the product came from.
Do many African nations today have specialized economies?
Yes.75% of African countries have specialized economies today - they depend on exporting one or two products.
Problem with exporting large amounts of Central American agricultural products?
Can't get a fair price for their products
Why economics is part of your life?
A healthy economy, in which a country is exporting (selling) more products than it is importing (buying). A healthy economy decreases the price of not only products made in other countries, but also in your home country, as the more of a product a factory makes, the cheaper each individual product is. If a factory is exporting to other countries, it will make even more of a product, to supply demand at home and in other countries, and thus where ever the product is bought, it will cost less than if the factory making it was not exporting it (in which case you could only buy the product in the country where the factory is located). There are other ways the economy effects your life as well, but this is the most obvious and significant, though too many imports can also cause people in the country that is doing the importing to lose their jobs, because the products they make may be cheaper if made in another country.
How do other industries help sustain agriculture in the modern world?
they help some farmers to sustain the agriculture in the modern world like exporting our major agricultural products from the Philippines and other countries so that, we will be known for our products. Also, social medias can help to encourage the people around them. ;)
What kind of problems will American companies face when exporting products to countries that use the metric system?
none , if both units are indicated on the product (us & metric)
When a company sells domestically produced products to customers in foreign countries?
Exporting
What is direct exporting?
Importing and exporting usually refer to trade between countris. Importing is when a country brings products or services from another country into the country and exporting is when the country sends products or servieces to other countries.
World's top 10 countries exporting electronic products?
Phil Us China Taiwan
How exporting and importing can increase foreign exchange?
Exporting and importing goods will increase the chances of greater communication with other countries. The export of local products will be greater if other residing countries enjoy the product and would want to have more exported. It's almost the same with importing other products. If there is a greater demand for it, the country will have to get more from where the product came from.
What is Buying products from another country called?
Purchasing products from other countries is generally called importing. Exporting is when you ship products out from your own country to others. Illegally purchasing products from another country and sneaking them is is called smuggling.
Do many African nations today have specialized economies?
Yes.75% of African countries have specialized economies today - they depend on exporting one or two products.
What are the maquiladora?
a factory in Mexico run by a foreign company and exporting its products to the country of that company.
How does Exporting work?
With exporting, firms enter international markets by selling products internationally through the use of middlemen
How do shiites earn money?
Shias earn money like others. Iran main income is from exporting Oil and petrochemical products. the business of people are like other countries.
Problem with exporting large amounts of Central American agricultural products?
Can't get a fair price for their products
What has the author Ian Seymour written?
Ian Seymour has written: 'OPEC, instrument of change' -- subject(s): Organization of Petroleum Exporting Countries, Petroleum industry and trade, Petroleum products, Prices
