Question

Which of import duties and export duties is more beneficial to a country?

Answer 1

Answer:

Imports are important for the economy because they allow a country to supply nonexistent, scarce, high cost or low quality of certain products or services, to its market with products from other countries.

Exporting enables companies to diversify their portfolios and to weather changes in the domestic economy. Exporting helps small companies grow and become more competitive in all their markets.

Explanation:

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