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What is the term for goods that are shipped out of a country in exchange for goods or money?
Wiki User
∙ 13y ago
exported goods
Wiki User
∙ 13y ago
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What is an exporter?
Export relate to international trade, whereby goods/services from a country of origin is shipped other countries. example: Namibia export meat to European countries... etcan export is something that is shipped to another country to make money for that country's economy.
What is Country Money?
Country money refers to the currency issued and used within a specific country as a medium of exchange for goods and services. This money is typically issued and controlled by the country's government or central bank.
Why were colonies so important to a mercantilist economy?
The goal of a mercantilist economy was to support the parent country and make them more money. Colonies were used to get raw materials shipped back to the parent country so they could produce goods and sell them for money. The parent country also made money on the taxes they put on everything that had to be shipped to them from the colonies before they could be shipped somewhere else.
Direct exchange of goods against goods is called?
money
How is it called when you exchange goods - will pay for goods with other goods not with money?
Bartering
Trading without the use of money is called?
Trading without the use of money is called bartering. In bartering, goods or services are exchanged directly for other goods or services without using a medium of exchange like money.
Why does a country export goods?
Countries export goods because they have a surplus or more then what they need, gives to countries stuff they don't have, raises money for their country and they trade for something else in exchange for that good.
Why does the world have money?
The world has money to exchange for goods or services.
A system involves the direct exchange of goods and services without the use of money as a medium of exchange?
A _barter_ system involves the direct exchange of goods and services without the use of money as a medium of exchange.
What goods they exchange for Black African?
money
What is exchange for goods without the use of money?
barter
Which country used salt as money?
Salt has never been used as money. However, salt was used to exchange for goods during the times of barter trade.
