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Importing and Exporting
Importing refers to the act of bringing services and goods from a foreign market into the country. Exporting, on the other hand, refers to the act of selling goods and services from the home country to other countries.
5,102 Questions
Who decides what goods and services are produced in the US to trade with other country?
The USA is a Free Market Economy.
This means:- That what gets sold is what is purchased.
For export the company selling decides to sell to another country. They start by sending or hiring sales people in that country or pursuing other marketing strategies that amount to the same thing.
In other words the buyers and sellers decide what gets exported.
BUTThe US government has laws that restrict certain technologies and products (guns for example) getting sold to certain countries.What are the reasons free trade exists?
Free trade allows goods and services to flow freely from country to country without the restrictions of tariffs. Some believe that is beneficial to the world as a whole.
What countries import large quantities of glycerin?
Thailand - 70% from Malaysia, 28% from Inonesia, and 2% from Japan. *Imported a total of 7100 gallons just this year. And counting*
India comprises 37% from Malaysia of its total imports during December 2010
India has imported 27,000 tons of glycerine so far this year
India imports roughly 3,500 tons of glycerine each month
India imported 41% of Glycerine from Indonesia and 35% from Malaysia..
Japan imports an average of 3,750 glycerine each month.
Japan - 48% of Glycerine from Malaysia, 38% from Philippines and 13% from Indonesia
So, to conclude this, India is the biggest importer of glycerin. They import well over the average/per month rate. So, India has first place easily.
It's hard to say who is the second biggest contributor, it's pretty much a tie between Japan and Thailand, but Japan probably would beat it if we waited a couple more months for more results to come in..
Malaysia and Indonesia are pretty much suppliers not importers. So they are not really in the picture of this.
There you go! Hope I helped!
Sources:
http://www.glycerinereport.com/category/tags/import?page=2
http://www.ihs.com/products/chemical/planning/ceh/glycerin.aspx
What is Mazut M100 today's price?
The price for a Mazut M100 today, May 10, 2014 varies depending on condition and other factors. The item can cost upwards of 300 dollars.
Because some products are exclusive to specific countries -- hence creating a monopoly if the product is in high demand. Countries can REALLY profit off such exports.
For example -- in America, it's illegal to grow cannabis in any way shape or form (even if it's to produce the highly versatile hemp cord). Many countries seized the opportunity and exclusively produce hemp and sell it to the US at extreme rates. This costs America a LOT of money each and every year -- just because of the said law.
So yeah. Exports if done correctly yield a lot of profit.
What are products that originate in one place and are sold in another are called?
When products are sent from one place to another, they are being exported from their place of origin, and imported to their place of sale. It's the import export business.
Why did europeans began to seek new trade routes in the fifteen century?
Two reasons off the top of my head would be the fact that the Muslims or the Ottoman Empire not to mention the Mongolian raiders made travel hard for caravans of European traders...often attacking them and stealing their goods or leveling high taxes on goods going through their territories. OR BOTH...
which would be the best source for finding out how much foreign oil was imported to the united states for a certain year
What are the advantages for the countries that export tropical timber?
They get the money and profits. Also clears land for expansion. The bad news is the land is deforested and there are soil erosion. Bad land means little use for the land in agriculture.
How imports and exports help to a country?
The imports and help a country because say in AUS we needed some kind of machinery, like a train China could send us one.
What are the problems faced by the weavers?
Increase in price of raw cotton. Shortage of cotton. The difficulty of weavers to compete with the imported machine-made cheaper cotton products. Factories in India also began cheaper machine-made goods to which our weavers could not compete.
Why does a country export products?
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.
