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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

If a country exports more than it imports is it better of worse off?

It is an economic advantage for a country to export more than it imports, because this will give it extra money which it can then invest in other countries.

Why was Tecumseh important to Canada?

Tecumseh was important because he saved many lifes of the people around him and risked his life for others causes. That why I believe he was important to the devolopment of canada. -zoe M. :P I had to ansewer this question for my history project...(trading cards:)

What does Montana export?

coal,copper,beef,pasta,and string instruments

Context level diagram for import export systems?

The context diagram is very important part in FDD which stands for functional Decomposition Diagram. It will help us to create the baseline in context diagram which we will draw the entities and the main process. Thus we have knowledge what Diagram Zero DFD contains, which is the same entities and same data flow but only the processes will break down into the lower sub process.

What is an export correspondence?

a. Communication by the exchange of letters.

b. The letters written or received.

Athens had so much farmland that it is able to export grain to other places?

This is FALSE. Athens did not have enough farmland to grow crops for all of its people.

Capitalism is called a free-market economy because?

That’s what those who benefit from capitalism want you to think. In reality there is no free market, due to state interference in the economy.

What are major export?

A major export is the the main things a city, state, or country exports. Export means: In international trade, goods that are shipped from one country to another. In this case, the goods would be coming from Oregon, not going to Oregon. An import would be goin to Oregon. Export and Import are oppisites.

Meaning of cip in incoterm?

Carriage and Insurance paid to (airport/port of destination) Incoterms2010

This term allows the exporter the greatest control over all aspects of shipment. The term requires the seller to clear the goods for export, put the goods into the custody of the carrier on the agreed date or within the agreed period, at the named airport or port of shipment.

This incoterms can be used for all transport modalities.