My dazzling wall by Xiiao 璇璇 https://padlet.com/funny_xuanxuan/cgulm3988tdo Made with wonder en-us 2018-04-12 10:30:42 UTC 2023-01-20 15:46:21 UTC hello@padlet.com BENEFITS OF EXPORT funny_xuanxuan https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251068898 1. Economics of scale - low cost per unit (profit)
2. Soften effect of recession 
3. Increase job , bring in higher wages
4. Raise the standard living for residents
5. Increase in foreign exchange reserve]]> 2018-04-12 10:30:59 UTC https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251068898 Are these benefits / impacts same for industrial goods as for consumer goods? YES ivykuang921 https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251069604 For industrial goods is indirectly benefit but for consumer goods is directly benefit. Finished good will only benefit consumer and for raw materials help industry indirectly benefit consumer.]]> 2018-04-12 10:34:47 UTC https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251069604 BENEFITS OF IMPORT nnajwaadeela https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251069706 1. Increased supply and variety of goods, and lower prices for consumers, why?
  • Because there are so many choices/variety of goods, there is increased competition in the market—so price drops.
2. Lower domestic production costs through import of raw materials and capital equipment
3. Access to technological advances through imports, licensing, and foreign direct investment
]]> 2018-04-12 10:35:21 UTC https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251069706 Does export always welfare domestic industries and consumers? nnajwaadeela https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251071547 No always. Exporting will generate profit and revenue for the whole nation!

But if there is shortage of supply in home country, then the price would increase, and consumers will have to purchase the same product at a higher price. Government will usually interfere in the form of embargoes to reduce this impact.]]> 2018-04-12 10:42:53 UTC https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251071547 funny_xuanxuan https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251074269 2018-04-12 10:55:12 UTC https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251074269 nnajwaadeela https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251074534 I am a GIF]]> 2018-04-12 10:56:42 UTC https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251074534 CHECK ME OUT! :D nnajwaadeela https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251074681 I am a video]]> 2018-04-12 10:57:29 UTC https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251074681 CHECK ME OUT! :D nnajwaadeela https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251074872 I am a link]]> 2018-04-12 10:58:31 UTC https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251074872 nnajwaadeela https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251075669 I am an image]]> 2018-04-12 11:02:17 UTC https://padlet.com/funny_xuanxuan/cgulm3988tdo/wish/251075669