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Imagine that you are the manufacturer of a product. What are two potential reasons you may choose to export your product rather than selling it only in the United States? Provide a brief description of the product you are exporting in your response.
When responding to your classmates, imagine that you are involved with a company that is interested in importing their product into your country. What are a few of the reasons you would or would not choose to import their product?

2007-07-26 14:03:42 · 1 answers · asked by karen 2 in Business & Finance Corporations

1 answers

I see we're now doing your homework. Ok, I won't answer everything, but here are reasons why US companies export.

Increases the size of the market. US market has 300 million people. Europe has at least that many. China has 1.3 billion (4 times the size).

The market in the US might be slowing down. A good example is the tobacco industry. The percent of smokers in the US had dropped by half in 40 years. In China and other parts of Asia, it's a growing business.

2007-07-28 15:26:15 · answer #1 · answered by jdkilp 7 · 1 0

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