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How important are importing and exporting to the American economy?
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What are some bad things about importing and exporting goods overseas?
It willl help the economy
What is good for a country Export or Import?
Both importing and exporting are good for a country and the economy. Importing bring (goods or services) into a country from abroad for sale. Exporting refers to selling goods and services produced in the home country to other markets. Both bring income to the country.
Why was New Orleans important to settlers in the western region of the US?
New Orleans held a large port for the Mississippi River which was crucial in the Importing and Exporting of goods because it was a big aspect in maintaining a steady economy. (This was just what I wrote on my homework assignment)
What types of business found in developing countries?
The types of businesses found in developing countries are ones that could help the economy. Tourism, alternative energy, and importing/exporting are popular business areas.
Why was New Orleans so important to the western settlers?
New Orleans held a large port for the Mississippi River which was crucial in the importing and exporting of goods because it was a big aspect in maintaining a steady economy. (This was just what I wrote on my homework assignment)
What resulted from Lenins new economic policy?
Russia's devastated economy began to recover.Russia was forced to begin importing food products.Russia was forced to begin importing food products.
Does Mexico trade freely among nations?
Yes. Actually, Mexico is the 15th largest exporting and 14th largest importing economy in the world, with exports and imports worth US$371.4 billion and US$371.2 billion, respectively (2012).
Why economics is part of your life?
A healthy economy, in which a country is exporting (selling) more products than it is importing (buying). A healthy economy decreases the price of not only products made in other countries, but also in your home country, as the more of a product a factory makes, the cheaper each individual product is. If a factory is exporting to other countries, it will make even more of a product, to supply demand at home and in other countries, and thus where ever the product is bought, it will cost less than if the factory making it was not exporting it (in which case you could only buy the product in the country where the factory is located). There are other ways the economy effects your life as well, but this is the most obvious and significant, though too many imports can also cause people in the country that is doing the importing to lose their jobs, because the products they make may be cheaper if made in another country.
How is marketing important to a country?
Marketing is vital to a country's economy- internal marketing helps to bring in financial revenue from one part of the country to another, and international marketing (i.e. importing and exporting) is crucial for groups of nations to keep their economy going, create jobs for it's workforce, and to supply it with economic input and imported goods and materials that it needs. Without marketing, the global economy would collapse- even Communist countries have to engage in marketing, however self-sufficient they try to be.
What is economics importance?
From logic alone, I will assume that an export-import economic model is the means by which a country operates to fulfill its economic needs by both exporting its goods to other countries, as well as importing goods from other countries. Some countries sustain themselves primarily via exporting goods, such as many Latin American countries during the neocolonial era, while others have a strong domestic economy thus export little, and import the other goods their own industries are lacking.
How could importing be considered a good way to establish relationships with other countries?
If you are importing goods from Another Country, you are helping to support their economy and helping to keep their workers employed.
What is the importance in the economy of business?
A healthy economy will have a strong manufacturing base. This will help to keep many people employed and be a source of exporting the goods and lessen the need for importing certain products. Certain types of domestic manufacturing are also vital for a nation's economy. As an example, aerospace and defense product manufacturing creates a situation where arms and warplanes, as one example, are not dependent upon a foreign source of manufacturing.
