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Export-import activities are crucial for international trade as they facilitate the exchange of goods and services between countries, promoting economic growth and diversification. Exports allow countries to sell their surplus production, generating revenue and creating jobs, while imports provide access to resources, products, and technologies that may not be available domestically. This exchange fosters competition, innovation, and consumer choice, ultimately contributing to global interconnectedness and economic development. Additionally, trade balances resulting from export-import activities can influence currency values and economic policies.

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2mo ago

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