Both Importing and Exporting are good for a country and the economy. Importing bring (goods or services) into a country from abroad for sale. Exporting refers to selling goods and services produced in the home country to other markets. Both bring income to the country.
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.
basicall the import and export means to buy the things from outside the country and to sell the things out side the country.
Import is when you buy something from another country and get it shipped to you. Export is when you sell something to another country and it then ship it
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.
import is something which is brought into a country over an international boundary, while an export is something which is shipped out of a country over an international boundary.
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.
Export is to send goods out of the country. Import is to bring goods into the country.
Import is when you buy something from another country and get it shipped to you. Export is when you sell something to another country and it then ship it
basicall the import and export means to buy the things from outside the country and to sell the things out side the country.
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.
import is something which is brought into a country over an international boundary, while an export is something which is shipped out of a country over an international boundary.
An import is something our country wants, and pays another country to ship in. An export is something another country wants, and pays our country to ship out.
When a country' import exceed it's export is called Deficit then when a county's export exceed it import is called surplus.
Goods going into and out of a country
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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.
what country does kuwait export oil to