itroduction of export
2006-12-12 02:09:34 · 15 answers · asked by Punit S 1 in Social Science ➔ Economics
An export is part of a countries balance of payments. Balance of payments are composed of Exports, which are goods and services being sold abroad to other countries, and Imports which are goods and services being brought in from other countries.
More Imports than Exports = Deficit,
More Exports than Imports = Surplus.
2006-12-12 02:18:49 · answer #1 · answered by Stuart J 2 · 0⤊ 0⤋
In economics, an export is any good or commodity, transported from one country to another country in a legitimate fashion, typically for use in trade. Export goods or services are provided to foreign consumers by domestic producers. Export of commercial quantities of goods normally requires involvement of the Customs authorities in both the country of export and the country of import. The advent of small trades over the internet such as through Amazon, e-Bay and the like, have largely by-passed the involvement of Customs in many countries due to the low individual values of these trades. Export is an important part of international trade. Its counterpart is import.
Process
Methods of transfer include a product or good being mailed, hand-delivered or downloaded from an internet site. It can be sent in the form of a facsimile, email or during a telephone conversation.
2006-12-12 02:18:10 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Export is the act of selling goods to other countries. For example, India exports tea to USA. Exports helps in increasing production, employment , better utilisation of resources and are also an important source of earning foreign exchange.
2006-12-12 02:36:00 · answer #3 · answered by buddy 2 · 0⤊ 0⤋
Introduction of Export- would be when people started to send goods to another country.eg. If you want to ship something from the USA to Canada,you are going to export it.
The system of giving goods in exchange of without the use of money is called barter system of trade or exports .
2006-12-12 02:26:25 · answer #4 · answered by Anonymous · 0⤊ 0⤋
When private individuals, companies or the government of a particular country transfer goods to a foreign country in return for currency or goods, then it is export. In other words selling our goods to foreign countries in export. Import similarly is buying goods from a foreign country.
2006-12-12 21:04:29 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Introduction of Export- would be when people started to send goods to another country.eg. If you want to ship something from the USA to Canada,you are going to export it.
2006-12-12 02:20:55 · answer #6 · answered by just.stew 2 · 0⤊ 0⤋
The word "Export" related with commerce, it means a product(finished/unfinished) sold to any other country. This type of transactions are made by foreign currency exchange rate, i.e. an amount of Rs. 100000 is converted to euro curency if the product sold to any European country.
In our country we export to other country tea, jute, gems & jwellary etc.
2006-12-14 18:58:34 · answer #7 · answered by Kanchan B 2 · 0⤊ 0⤋
export is something that is made inside of a country then shipped to another country because of a trade or something
2006-12-12 02:17:19 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Hi!! hwr u ? hope ur doin well
suppose ur stayin in india nd u av a marker (u sell jeans) so wen u send dat jeans 2 sum1 else in sum onther country den it is called a export as far as i know
wid lotz of love
Byeee
2006-12-12 02:21:19 · answer #9 · answered by Anonymous · 0⤊ 0⤋
When you export something, you're sending it from your country to another country to sell it and make money.
2006-12-12 02:17:38 · answer #10 · answered by sarge927 7 · 0⤊ 0⤋