https://padlet.com/19e21391/iu113jjm5kerb7l7 Made By 19E2139 Velan en-us 2021-01-07 08:05:13 UTC 2024-10-27 09:53:14 UTC hello@padlet.com 19e21391 https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062305148 An export in international trade is a goods or service produced in one country that is sold into another country. The seller of such goods and services is an exporter. Export of goods often requires the involvement of customers authorities.
 So, Exporting is the sale of products and services in foreign countries that are sourced or made in the home country. ]]> 2021-01-07 08:07:21 UTC https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062305148 19e21391 https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062306307 Exports are incredibly important to modern economies because they offer people and firms many more markets for their goods. One of the core functions of diplomacy and foreign policy between governments is to foster economic trade, encouraging exports and imports for the benefit of all trading parties.

]]> 2021-01-07 08:07:53 UTC https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062306307 19e21391 https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062307738 For many developing countries, exports also serve the purpose of earning foreign currency with which they can buy essential imports—foreign products that they are not able to manufacture, mine, or grow at home. ... Exporting goods and services can also further advance developing nations' domestic economies.
 

]]> 2021-01-07 08:08:33 UTC https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062307738 19e21391 https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062309120 An import is a good or service bought in one country that was produced in another country.
 So, Importing can also refer to buying goods and services from foreign sources and bringing them back into the home country.
 

]]> 2021-01-07 08:09:11 UTC https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062309120 19e21391 https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062310110 Imports are important for the economy because they allow a country to supply nonexistent, scarce, high cost or low quality of certain products or services, to its market with products from other countries.Imports are important for the economy because they allow a country to supply nonexistent, scarce, high cost or low quality of certain products or services, to its market with products from other countries.  ]]> 2021-01-07 08:09:40 UTC https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062310110 19e21391 https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062310825 A key reason that companies all over the world choose to import goods is to extend their profit margin. High taxes, wage minimums, and material costs in certain countries make it more useful to import products from a country where fees, wages, and material costs are considerably lower.]]> 2021-01-07 08:10:01 UTC https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1062310825 19e21391 https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1706376114 Canon of equality states that the burden of taxation must be distributed equally 
or equitably among the taxpayers. However, this sort of equality robs of justice 
because not all taxpayers have the same ability to pay taxes. • Rich people are capable of paying more taxes than poor people. Thus, justice 
demands that a person having greater ability to pay must pay large taxes]]> 2021-08-31 05:42:56 UTC https://padlet.com/19e21391/iu113jjm5kerb7l7/wish/1706376114