how are the exporter and importer able to make a big profit
Answers
Answered by
26
By their commissions and buying in a low price but selling in a huge amount referring it as tax
Answered by
5
By imposing heavy taxes on it.
Explanation:
The exporter and importer can make money out of the goods in the way that they can purchase the goods at low prices and sell them at higher prices.
They impose heavy taxes on some of the goods and services. The products such as spices, clothes and other materials are exported at higher rates which helps in raising the economy of the country.
The imported items which are low in price is sell at higher prices which makes profit to the seller.
Learn more about export and import:
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