What are the main imports and exports of Venezuela?

Q: What are the prospects and problems are faced by any country Importers in Foreign Currency…

A: Problems for the importers of a country because of the foreign currency translation &…

Q: Graph and analyze the effect of import Tariff in importing country

A: Implementation of tariff results in the creation of dead weight loss.

Q: What can government do to limit imports

A: Import limits are a set of tariff and non-tariff barriers introduced by an importing country to…

Q: What is dumping? Why is this done?

A: International Trade: The word “trade” exhibits the sale and purchase of goods and services. But if…

Q: What are the Relationship between Foreign Resource and import

A: Foreign resources generally refer to the foreign investment made by the foreign investors in the…

Q: Why is the net gain from international trade positive?

A: gain from international trade is positive because in the import market the increase in consumer…

Q: What  does Mexico export?

A: Mexico is a country that is constantly growing and raising its GDP. International rade plays a…

Q: import and export?

A: Imports are the goods and services, purchased from the rest of the world by a country, rather than…

Q: When does a country become an exporter of a good?An importer?

A: International trade occurs when different countries exchange different goods and services with each…

Q: What is mode of payment of import/export?

A: Payment plays an important role in any sales contract. Modes of payment of exports and imports form…

Q: 6. Countries have different regulations on what may or may not be imported and which tariff applies…

A: 6.  International trade: - it means the buying and selling of goods and services with other…

Q: who benefits from imports

A: Importing involves the sales of goods and services in one country which have been produced in…

Q: What is the role of the European Union (EU)?

A: EU (European Union) is the union in which there are 28 member countries. The aim of this union is to…

Q: difference between Export and Import

A: The difference among Import and Export is that import implies when a nation purchases an item from…

Q: List and briefly describe the principal restrictions that may be applied to a nation’s imports.

A: Import restriction are the restrictions which are imposed to control the goods volume coming into a…

Q: Methods of export promotion

A: Export promotion is the policy adopted by government of a nation to promote its exports so that its…

Q: Which is better for a country—to export more or to import more?

A: Export refers to the selling the good produced in one country to another country. The seller of the…

Q: What  does the US import?

A: Import and export are the two major activities of international trade. Carrying out trade is an…

Q: How do international trade agreements help businesses in the U.S.

A: When two or more nations finalize and are on the same terms of trade, they determine the tariffs…

Q: What do you call the Taxes imposed on goods exported from or imported to a country?

A: In an economy, taxes are classified into different categories according to the activity performed by…

Q: Discuss the difference between export and import comprehensively

A: Introduction:  Important and export both international procedure

Q: Do you tariffs also reduce the volume of exports

A: Tariffs are a kind of tax imposed on commodities that enters or leave the political frontiers of a…

Q: What’s the trade in Quetta, Pakistan?

A: Quetta is the largest city of Balochistan in Pakistan.

Q: How can authorities of a country effectively limit the import quantities in a country

A: The government of a country has the authority to limit the import quantities in a country with the…

Q: Have the Trump tariffs damaged US trade relations with the EU?

A: The Trump Administration's trade policy is motivated by the perception that prior governments have…

Q: If a country is importing more than it is exporting it will have a balance of trade trade surplus…

A: Balance of trade is the difference between the total value of exports and imports.

Q: export/import

A: A country has comparative advantage in producing a good if opportunity cost of producing that good…

Q: Why do we need foreign exchange

A: Foreign exchange is the trading of several nationwide money, currencies or departments of account.…

Q: What Is North American Free Trade Agreement (NAFTA)?

A: Free trade agreement refers to the agreement made between two or more countries to remove the…

Q: What  does the US export?

A: Exports are the goods and services that the domestic country produces and sells to foreign…

Q: Afake economy has a trade deficit of 500. imports of 800 and national savings of 2000, Investment in…

A: Given information are  Trade deficit =500 Imports M=800 and National saving S=2000

Q: Explain what may cause a deterioration of the terms of trade. 

A: The proportion of a nation's export prices to its import costs is known as terms of trade (TOT). To…