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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.

500 Questions

Why countries import goods?

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Asked by Wiki User

Answer

countries import goods, because one country can't make everything that is needed to support its people.

Countries import goods because they are harder, more expensive or impossible to make inside their country.

Japan imports oil, as an example, because they do not have any inside their country. The U.S.A. imports semiconductors because our laws make semiconductor manufacture very expensive.

Answer

Imports, along with exports, form the basis of international trade. A country has demand for an import when domestic quantity demanded exceeds domestic quantity supplied, or when the price of the good (or service) on the world market is less than the price on the domestic market.

What is the voting age in Holland?

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Asked by Wiki User

The voting age in the Netherlands is 18 years old.

What is the drinking age in Holland?

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For low alcohol drinks (like beer and wine) the legal age is: 16

For high alcohol drinks (like vodka and whiskey) the legal age is: 18

Dutch translations:

Low alcohol drinks - Drank

High " " - Sterke drank

Would a person waiting to open a sporting goods company support free trade?

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Asked by Wiki User

Yes, a person waiting to open a sporting goods company would likely support free trade as it would provide access to a wider range of products at competitive prices, allowing their business to offer a diverse selection of merchandise to customers while keeping costs low. Free trade can also open up opportunities for exporting their products to international markets, further expanding their business potential.

What is the meaning of the word marine?

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Asked by Denpower

"Marine" typically refers to things related to the sea or ocean, such as marine animals, marine biology, or marine ecosystems. It can also refer to a member of a branch of the military that operates on or near the sea.

What is Faber saying about books what were their importance?

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Asked by Wiki User

Faber in Fahrenheit 451 emphasizes the importance of books as a source of knowledge, critical thinking, and individuality. He believes books hold power in preserving the collective wisdom and history of humanity, as well as providing a deeper understanding of life that cannot be found in the superficial and ideologically controlled society depicted in the novel.

Where can you download a free copy of ucp 600?

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Asked by Wiki User

UCP 600 is a set of rules published by the International Chamber of Commerce (ICC) and is not typically available for free download. You can purchase a copy from the ICC's website or other authorized distributors.

What is the best color to use as a leaflet background?

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Asked by Wiki User

A light or pastel color like mint green, soft blue, or pale yellow is often a good choice for a leaflet background. These colors are inviting, easy on the eyes, and provide a good contrast for text and images. Avoid using colors that are too bright or overpowering, as they can distract from the content of the leaflet.

Where does Canada import clothes from?

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Asked by Wiki User

uhh people in Canada do wear clothing....We wear basicly the same stuff people do in the US or in other places. You have to more dtailed in your question so others know what other talking about.

What is the importance of lumbering?

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Asked by Wiki User

The importance of lumbering is building houses and making paper products.

What is quartz countertops?

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Asked by Wiki User

This is a very broad question, but simply put, quartz countertops are counters which are made of the naturally occurring stone, "quartz". These are extremely similar to granite countertops in that they are very durable and similar in appearance.

Quartz countertops typically run for about 50$ a square foot which is on the more expensive side of the spectrum as far as counters go.

What is free hand shipment in export?

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Asked by Wiki User

SEA EXPORTS FREE HAND CARGO

What is the recruitment process in multinational companies?

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Asked by Wiki User

There are several recruitment agencies that help to get candidates globally. Companies almost always recruit candidates for new positions via advertisements, job board, social media sites and others. Many companies in London takes help of international recruitment agencies to fulfill their requirements. 7hr Recruitment UK(7hrconsultancy.uk) is such reputed recruitment agency that provides the specialized domain of the International Recruitment.

Through this particular service they carries international operation across the globe. They do provide suitable job opportunities in the various segments of the industries across London and PAN UK. As one of the Top Recruitment Agency in London, they help to hire candidates from the various corners of the world.

Being the Best Recruitment Agency in UK, they provide several benefits, opportunities and advantages that attract people from the different corners of the world to make themselves internationally recruited in the nation of the United Kingdom.

What is the oldest holiday in the world?

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Asked by Wiki User

It is difficult to pinpoint the exact oldest holiday in the world as many ancient cultures had their unique celebrations. However, one of the oldest recorded holidays is believed to be the ancient Mesopotamian New Year celebration, which dates back more than 4,000 years. Another contender for the oldest holiday is the summer solstice celebration, which has been observed by various cultures for thousands of years.

What are the 5 imports form spanish speaking countries?

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Asked by Wiki User

  • Nuts …US$356 million (4.8% of Spain to U.S. exports, down 0.3% from 2005)

  • Medicinal equipment … $349.3 million (4.7%, up 22.8%)
  • Industrial engines … $324 million (4.4%, up 22.5%)
  • Fuel oil … $270.7 million (3.7%, up 264.2%)
  • Pharmaceutical productions … $269.7 million (3.6%, down 5.2%)

What is a Free on Board shipment?

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Asked by Wiki User

Free on Board (FOB) shipment is a shipping term that indicates when the seller (in this case, Global Logistics Alliance) is responsible for the goods and their delivery. In an FOB shipment, the seller is responsible for the transportation and associated costs of the goods to a specified location, usually a port. Having a reliable logistics network is crucial for efficiently managing FOB shipments, ensuring timely delivery and cost-effectiveness.

What are the major imports and Exports of Kansas?

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Asked by Wiki User

Ranking 8th in US oil production, Kansas produces commercial and private aircraft, machinery, chemical products, and apparel. Soybeans, corn, sorghum, wheat, cotton, and salt are major agricultural products, as well as hogs, cattle, and sheep.

See the related Wikipedia link listed below for more information:

What does Thailand import?

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Asked by Wiki User

Major exports: electronics, computers and integrated circuits, rice, fuel & lubricants

imports: 2010: $131,500,000,000

What is tha duties and responsibilities of a saleslady in department store?

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Asked by Wiki User

The job description for sales lady will include a number of duties. This will entail understanding the products and services, finding potential clients, converting leads to real customers and so much more.

What do they import and export in Venezuela?

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Asked by Wiki User

VENEZUELA imports food, clothing, cars, technological items, raw materials, machinery and equipment, transportation equipment and construction equipment. Their main import partners are:U.S.A., Colombia,Brazil,China and Mexico

What are the most important exports in Germany?

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Asked by Wiki User

Germany's most important exports are industrial equipment, technology products, electrical equipment, automobiles, steel and iron ore. These products are vital to Germany's economy and their quality makes them in high demand.

How has fur trade created Canada?

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Asked by Wiki User

it was created in Canada of the aboriginal people