in your own opinion,why do businesses prefer importing and exporting?
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Businesses prefer importing and exporting because it is one of the simplest routes of entering into the global trade. It requires less investment in terms of time and money when contrasted with other methods of entering into the global trade.
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☯Bᴜsɪɴᴇssᴇs ᴘʀᴇғᴇʀ ɪᴍᴘᴏʀᴛɪɴɢ ᴀɴᴅ ᴇxᴘᴏʀᴛɪɴɢ ʙᴇᴄᴀᴜsᴇ ɪᴛ ɪs ᴏɴᴇ ᴏғ ᴛʜᴇ sɪᴍᴘʟᴇsᴛ ʀᴏᴜᴛᴇs ᴏғ ᴇɴᴛᴇʀɪɴɢ ɪɴᴛᴏ ᴛʜᴇ ɢʟᴏʙᴀʟ ᴛʀᴀᴅᴇ. Iᴛ ʀᴇϙᴜɪʀᴇs ʟᴇss ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪɴ ᴛᴇʀᴍs ᴏғ ᴛɪᴍᴇ ᴀɴᴅ ᴍᴏɴᴇʏ ᴡʜᴇɴ ᴄᴏɴᴛʀᴀsᴛᴇᴅ ᴡɪᴛʜ ᴏᴛʜᴇʀ ᴍᴇᴛʜᴏᴅs ᴏғ ᴇɴᴛᴇʀɪɴɢ ɪɴᴛᴏ ᴛʜᴇ ɢʟᴏʙᴀʟ ᴛʀᴀᴅᴇ.
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