What is exporting?
Exporting is defined as the sale of products and services in foreign countries that are sourced or made in the home country. Importing is the flipside of exporting. Importing refers to buying goods and services from foreign sources and bringing them back into the home country.
What is an example of exporting?
Export is defined as moving products to another country for the purpose of trade or sale. An example of export is Ecuador shipping bananas to other countries for sale.
Type of export
- Direct Export.
- Indirect Export.
- Merchant Export.
- Deemed Export.
- Penultimate sale.
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