Question

Advantages and disadvantages of export promotion

Answer 1

hiiiii


Advantages of exporting
You could significantly expand your markets, leaving you less dependent on any single one.
Greater production can lead to larger economies of scale and better margins.
Your research and development budget could work harder as you can change existing products to suit new markets.
Disadvantages of exporting
Unless you're careful, you can lose focus on your home markets and existing customers.
Your administration costs may rise as you may have to deal with export regulations when trading outside the European Union.
You will be managing more remote relationships, sometimes thousands of miles away.
In overseas markets, you may lose some of the control that you are used to at home.
You will need to think of your new market differently to the home market. They will be different customers with their own reasons for buying your products.

hope it help u 
ITZ ' NIKHIL'

Answer 2

Export promotion

Explanation:

Advantages

• Export promotion leads to expansion of goods for the foreign market
• Export promotion industries have a wide market for their produce for both domestic and foreign markets. They are therefore able to produce for a greater capacity
• Exporting products boosts the local economy and helps local businesses increase their revenue

Disadvantages

• Transportation cost may be high on some occasions.
• If you export the product without getting the settlement, your importer may cheat you
• You may lose your profit because of seasonal fluctuations.

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