It is safe to say that the country may have a trade imbalance, relying heavily on imports while its companies benefit from foreign production. This situation could indicate a lack of competitive manufacturing capabilities domestically. Additionally, the economy might be more service-oriented or dependent on other sectors, such as technology or finance, rather than traditional manufacturing.
the country's GNP is greater than its GDP
the country’s GNP is greater than its GDP
outsourcing
The country's GNP is greater than its GDP
A foreign tax credit is a credit for anyone who has worked in another country. Foreign trade credit is an insurance against currency changes for businesses that sell products to foreign countries.
Of course ! They will have to abide by the tax laws of the countries in which they sell their products. They will almost certainly have to pay import duty to any country they expert their products to.
Foreign trade is not necessary for a country to survive. However, by entering into foreign trade pacts countries can have an easier time growing and thriving by gaining economical opportunities as well as obtaining products that are necessary.
Nintendo. Sony.
There are many countries. Choose three that aren't the country you live in and these will be three foreign countries.
Foreign companies often controlled the economies of Latin American countries
Any country that will buy its products or services and that woul probably include most countries in the world to some extent.
Yes, it is a normal practice now, particularly in IT industry. Not only that, the foreign companies also take jobs of US companies via agent to foreign countries - ooffshoare.