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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
Electronics, food and medicine, metal, concrete powder, fabric, and cars.
BY the way your WELCOME! :)
The first European country to get involved in the slave trade in Africa?
The first country to use African people as slaves were the Portuguese. In 1441, two Captains of Portuguese ships, names unknown, took 12 slaves from Africa and brought them back to Portugal as slaves. Other countries followed such as Britain, Spain, Netherlands and France. .
What are the Basic information of an effective international trade manager in exporting firm?
which are the basic information you should have if you are to be an effective international trade mahager in an exporting firm?
What is the main export of USA?
the answer is gayness lol stupid idiots find a real website with real answers
What did they trade - fur trade?
they traded beaver fur, new teknolgy, tools, like nives weapons like arows and guns to.
Transferable and nontransferable LC?
what is the difference between transferrable and non transferable LC?
What the transferable divisible lc?
If you talk about money - the word "transferable" includes already the term "divisible". If you talk about terms of delivery; the term "partial shipment allowed/not allowed" are used since 1982. In other words "divisible" meant 30 years ago, "partial shipment allowed".
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What are advantages and disadvantages of export?
Advantages: A) It is a relatively low-cost activity to get involved in international business and expand profit. B) A firm can further create economies of scale which should lead to lower cost and hence expansion of profit Disadvantages: A) In relation to location economies, a firm may not always be located in the best region for that specific area and is therefore restricted to the cost disadvantages of the current location (if present). B) The firm is further depended on the fluctuation of transportation costs. High transportation costs can make it uneconomical to get involved in the import or export of a certain good. C) Related to point B is the fact that exposure to a foreign market will likely involve government regulations. One of these can be the availability of trade barriers such as tariffs and quotas or other hidden barriers. D) Lastly, an exporting firm will have to work with an agent which is not necessarily loyal to one brand (product). This limited control over the marketing activities or other value added activities will unlikely expose the full potential of a certain market.
Increased tariffs on imported goods in the 1920s resulted in?
European inability to repay World War I loans.
What do RWA in terms of international oil trading mean?
What does RWA mean in the oil trading business
What was the three legs triangular trade?
The first leg of the triangle was from a European port to Africa, in which ships carried supplies for sale and trade, such as copper, cloth, trinkets,slave beads, guns and ammunition.[3] When the ship arrived, its cargo would be sold or bartered for slaves. On the second leg, ships made the journey of the Middle Passage from Africa to the New World. Many slaves died of disease in the crowded holds of the slave ships. Once the ship reached the New World, enslaved survivors were sold in the Caribbean or the American colonies. The ships were then prepared to get them thoroughly cleaned, drained, and loaded with export goods for a return voyage, the third leg, to their home port,[4] from the West Indies the main export cargoes were sugar, rum, and molasses; from Virginia, tobacco and hemp. The ship then returned to Europe to complete the triangle.
What country does the US trade with most?
Canada,MEXICO,China,Japan,Germany
Mostly Canada and then rest follow.
