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Why does a country export products?

Updated: 9/22/2023
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11y ago

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When a country exports products it is paid for them. The money received can then be used to import other products. So, for example, one country has coal but no onions, the neighboring country has onions but no coal. If the first country sells coal and buys onions, it can now make delicious sauteed onions. If the second country sells onions and buys coal, it too can make delicious sauteed onions. Everyone eats better.

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How do you use export as a verb?

export is a verb or a noun.As a verb it means: to send (goods or services) to another country for sale.My brother and I export sheep skin products to Asia.


What is the advantage of import and export?

I another country does not produce the products that my country produces, I can send my products to that country in exchange for products that they produce that I do not have. .... Simples 2.It ensures a nation earn foreign exchange therefore improving the living standards of that country


What is a import and export?

Importing is when a specific country brings in products from another country. eg: US gets a Japanese item from Japan. Exporting is when a specific country gives away there local products to another country for trade. eg: US gives Petroleum to another country. A lot of people mix these two terms. The simplest way to remember is to practice both export and import. Export is selling and/or shipping different types of products abroad, out of the country where you live. This means that you create your business on international level and join the worldwide trade. Import is an opposite trade action. This means you buy products from other countries. As a result they are shipped to your home country for you to use them.


According to 17th and 18th century mercantilism a country should export in return for?

goods and products, gold and silver


What does China export the most of?

Electronics are the things that the country of China exports the most of. China is ranked number 1 as the country that exports the most products.

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What products does Ecuador export to other country's?

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Pork and Bacon are important export products of which Scandinavian country that borders Germany?

Pork and bacon are important export products of Denmark. Denmark is a Scandinavian country that shares its southern border with Germany.


How do you use export as a verb?

export is a verb or a noun.As a verb it means: to send (goods or services) to another country for sale.My brother and I export sheep skin products to Asia.


Differences between export marketing and export selling?

export marketing is when a company increases its market share by maintaining production in its own country while venturing into the international market. While export selling is the selling of products and services out of the origin country in order to make profit.


What is the advantage of import and export?

I another country does not produce the products that my country produces, I can send my products to that country in exchange for products that they produce that I do not have. .... Simples 2.It ensures a nation earn foreign exchange therefore improving the living standards of that country


Why do countries wish to export consumer products to the US?

because the country cannot produce everything they need


What abbreviation for import export of products used?

EXPORt


What is a import and export?

Importing is when a specific country brings in products from another country. eg: US gets a Japanese item from Japan. Exporting is when a specific country gives away there local products to another country for trade. eg: US gives Petroleum to another country. A lot of people mix these two terms. The simplest way to remember is to practice both export and import. Export is selling and/or shipping different types of products abroad, out of the country where you live. This means that you create your business on international level and join the worldwide trade. Import is an opposite trade action. This means you buy products from other countries. As a result they are shipped to your home country for you to use them.


What is a country that is on a high island has fertile soil and its main export is sheep products such as wool and meat?

New Zealand


According to 17th and 18th century mercantilism a country should export in return for?

goods and products, gold and silver