Question

what is mean by export trade?

Answer 1

Here is ur answer.......

Export trade—It refers to sale of goods to a foreign country.The developing countries like India encourage exports as it results in increasing foreign reserves.

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Answer 2

Exporting means the selling or trading of goods/ services from the home nation to a foreign country

EXPLANATION:

Exports are a function of global trade wherein goods made in one nation are transported to another nation for future trade or sell. Exports are a critical component of a nation's economy, as the selling of such goods contributes to the manufacturing country's gross output.

The capacity to export goods facilitates an economy is growing, and the majority of the biggest firms functioning in progressive economies get a considerable share of their annual incomes from exports to other nations. One of the central functions of foreign policy and diplomacy between governments is to nurture economic trade, boosting exports for the advantage of all trading parties.