answersLogoWhite

0


Best Answer

Please provide more information/context/clarification to help us answer this question. You can post your response in this answer text by clicking "Edit."

User Avatar

Karen Luettgen

Lvl 10
2y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: When a country allows trade and becomes an exporter of a good?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When a country allows international trade and becomes an exporter of a good?

Please provide more information/context/clarification to help us answer this question. You can post your response in this answer text by clicking "Edit."


What state in the US is the largest exporter to foreign trade?

new york


Which state is considered the largest exporter to foreign trade?

new york


What might happen to a country that has a trade embargo placed on it?

It becomes more self-sufficient.


What are the reasons free trade exists?

Free trade allows goods and services to flow freely from country to country without the restrictions of tariffs. Some believe that is beneficial to the world as a whole.


What do you meant by export pricing?

Export pricing is the most important factor in for promoting export and facing international trade competition. It is important for the exporter to keep the prices down keeping in mind all export benefits and expenses. However, there is no fixed formula for successful export pricing and is differ from exporter to exporter depending upon whether the exporter is a merchant exporter or a manufacturer exporter or exporting through a canalising agency.


Why is specialization so valuable for international trade today?

It builds a profitable economy and allows a country to earn money, but items that can not be made or produced in the country.


What is the difference between Free trade and protectionism?

Free trade is when a country specializes in one or two areas of goods or service and allows a trade with other country or countries that specializes in different area while protectionism is when a country decides to restrict to its domestic production and stop trading with other countries.


What are the reason of borrowing money from other country?

Sometimes people trade in their own money in exchange for other because it allows them to earn more in the end. It all has to do with foreign exchange rates. Sometimes they go up which allows the person to trade them back into what they were in the first place and if they are lucky...they gain on the trade.


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 documentary collections?

Documentary collection is a type of trade finance where an exporter is paid for his shipped goods & products by an importer after the two parties’ banks exchange the evidential documents. In other words, it is a method of trade finance where an exporter’s bank forwards documents to the importer’s bank to collect the payments for shipped goods. It occurs usually after the shipment of goods at the importer’s location.


What allows some cities to become trade center in Egyptian times?

Trade allows some cities become major trade centres