if we import goods from the other country and export the same good to another country, what it is called?

Question

If we buy goods from other countries, we call it as IMPORT. and similarly if we sell goods to other countries, we call it as EXPORT.
If we IMPORT a good from one country and sell that good to another country, WHAT IT IS CALLED AS?

Answer 1

That is called a "reexport".

When you import an item that you know that you are going to reexport, there are some options to reduce or eliminate any import duties or taxes you may have to pay. You should speak to a licensed customs broker in your area to discuss these options.

When you are ready to export the goods, the reexport is subject to all the same rules as a standard export, which means you need to prepare all the required paperwork, check to see if you need a license to export the product, and screen your customers against the government's various restricted parties lists.

Answer 2

There isn't`t and specific name for that, if the goods are imported to a single country, but if you bought goods form a country, import them to your country and then export them to its final destination it would be a re export.

Answer 3

stupid theory. imagine it through. So, we do what you're saying and withdraw from the international. we do not deliver out help, we do not commerce with different international places, we close our united states off and change into Island united statesa.. a million) thousands and thousands of people will lose their jobs because they artwork for the numerous multi-nationwide organizations that you imagine are "American." those who artwork for Kodak, Polaroid, Duracell, EverReady, WalMart, Sears, JC Penny, Macy's, Mattel, Boeing, Northrop, American airways, United airways, Timex, and so on. they'll lose their jobs because there'll be no longer something to promote as their merchandise is made outdoors the rustic. they'll lose their jobs because they promote/service clientele outdoors the rustic. 2) No Guinness, Heineken, Steinlager, (authentic) Champagne, caviar, Belgian chocolate, and so on. because those are all made outdoors the rustic. 3) No X-field, PlayStation, Dell, Gateway, Canon, Sony, Toyota, Volvo, Blackberry, Nokia, LG or the different digital gadget. We purchase very just about each little thing from outdoors the U. S.. We manufacture very just about no electronics right here. 4) Kiss your SUV so long. Kiss your television, computer, and something that runs on electrical energy so long. you want us to diminish ties to each little thing outdoors our borders? The very last time we produced adequate kin oil for our intake became in 1970. We import an excellent form of oil. 5) No oil skill no plastic. go searching your domicile. See each and each of the plastic? imagine existence without ZipLock, happy, saran wrap and Tupperware. 6) go searching your domicile. Do you purchase American basically? fairly? you've no longer something made outdoors the rustic? you would more desirable helpful study the effective print. American production has moved outdoors the rustic and we are getting a rustic of importers. the days of isolationism are over. we've change into used to procuring issues for a real looking fee. procuring American skill paying more desirable. Being marooned on Island united statesa. gained't assure our protection. Pinheads like Timothy McVeigh will nevertheless be right here. you ought to no longer be an American. individuals do not conceal from bullies. We confront them and kick their a** because all of us comprehend that they'll proceed to push us round till we damage them. don't be a hen. Be an American. this question is an insult to each and each of the folk who died 5 years in the past.

Answer 4

When exports are greater than imports, that's a trade surplus. Most nations view that as a favorable trade balance.

In the same way , when the value of imports outweighs the value of exports, is a trade deficit. They usually regard it as an unfavorable trade balance.

Generally trade surplus is seen as positive economic indicator..

Trade balance will be vary, value of imports and exports will be vary……

If you know more details about trade i will give the link please check that…

www.thedollarbsuiness.com

Answer 5

Importing and exporting! Unless there has been a profit in which case its called wholesaling and retailing.

Answer 6

Transshipment

Answer 7

Transhipment or you call in Chinese "Qian Shui"

Answer 8

I'm not sure what that would be called....but we would be the middle man.

Answer 9

drug running.............

( its called wholesaler)