Importing and Exporting

Why is exporting important?



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Exporting refers to the process of shipping local goods to another country for future sale or trade. It is important because it diversifies sources of revenue, reduces dependence on domestic markets and stabilizes sales fluctuations.

Exports play an important role in the economy of every country, because it influence the economic growth and employment. It is also quite important for businesses, as exports increase the number of potential clients, boost sales and allow business to expand on an international level.