relationship between exporting and trading . explain
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Answer:
Exports refers to selling goods and services produced in the home country to other markets. Imports are derived from the conceptual meaning, as to bringing in the goods and services into the port of a country. An import in the receiving country is an export to the sending country.
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Step-by-step explanation:
Difference between export trade and import trade:
- The export and import trade has huge variation.
- The export trade is meant for moving the goods outside the country or that particular region.
- The import trade means the bringing of goods to our country or region or state.
- The import and export trade is common between two countries or continent. This is the business specific and economic specific.
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