The country can decide to prevent import or export but the free market decides what you can, not the country.
Dual economies are common in less developed countries, where one sector is geared to local needs and another to the global export market.
Import and export affect economy and stock market. Indirectly it affects the rulling party. If export is growing and import is decrising and economy becomes stronger and there are o recession and market crashes then rulling political party my claim it to their benefit as the result of their policies.
plus export earnings
Well they would often have many money problems because if they depend mainly on one main export and the price of it falls in the market or theres a crop failure the country may struggle to survive because it is so dependent on that one export.
The primary difference between a domestic market and an export market is the payment is made in a foreign convertible currency. Further, the goods produced in India need to be shipped abroad in exchange for payment to be treated as an export. There is a good import-export business practice that one can learn from online exim courses.
The chief export of a country is the most important product or resource that a country trades on the international market.
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.
The country can decide to prevent import or export but the free market decides what you can, not the country.
China is now Japan's largest export market, Source - Wikipedia
Dual economies are common in less developed countries, where one sector is geared to local needs and another to the global export market.
Import and export affect economy and stock market. Indirectly it affects the rulling party. If export is growing and import is decrising and economy becomes stronger and there are o recession and market crashes then rulling political party my claim it to their benefit as the result of their policies.
export marketing is one of the market import-export of goods and services in the export marketing
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China is now Japan's largest export market, Source - Wikipedia
Merchant export is buy a product from the market and export. Manufacture export is manufacturing the goods in your factory and exports.