Because it is a lot more cheaper than buying them elsewhere; the majority of countries specialise in importing specific raw materials xD
The law of supply and demand has an effect on this anomaly. Those areas without raw materials must import them.
China's top import and export is machinery and transport equipment. The second biggest import is non edible raw materials. The second biggest export is power generation equipment.
Raw materials are materials that are used in the productions of goods and materials. They are the very basic materials and are feedstock for finished products.
Quite simply, if you import exclusively raw materials and export exclusively finished goods, the costs of finished goods will always exceed the costs of raw materials (because of the value-added in making the finished good) and therefore lead to a positive trade balance. In addition, most mercantilist countries had set rates at which the raw materials had to be sold, which was at the bottom of reasonable value or below market value.
raw material are indirect material
steak, beef, and salmon
yes,they can...
Just Oil for inside market
Germany has few natural resources and has to import oil, raw materials and quite a lot of food.
Germany has few natural resources apart from coal and agriculture. The main raw materials imported are oil and gas, metals and foodstuffs.
In Pakistan fossil fuels, coal, gas, small amounts of oil and non-metallic minerals are some of the raw materials obtained by drilling.
People to things to the raw materials.
The law of supply and demand has an effect on this anomaly. Those areas without raw materials must import them.
Taiwan has extensive forests that are protected from logging
Japan has virtually no natural resources so has no choice but to import its raw materials.
China's top import and export is machinery and transport equipment. The second biggest import is non edible raw materials. The second biggest export is power generation equipment.
Alice Springs does not have many natural resources, so it must import most of its foods and other goods. There are limited manufacturing industries, but they, too, must import their raw materials.