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DETERMINANTS OF EXPORT

Several factors influence a country's export levels, including:1.     Production Capacity: The ability to produce goods in surplus to domestic needs.2.     Economic Policies: Government policies on trade tariffs, subsidies, and regulations.3.     Exchange Rates: Fluctuations in currency values can make exports cheaper or more expensive.4.     Market Demand: The demand for specific goods...

WHAT IS EXPORT TRADING?

Export trading involves the sale of goods produced in one country to another. This process is facilitated by export trading companies (ETCs), which specialize in managing the logistics, legalities, and marketing of products in foreign markets. These companies play a crucial role in connecting producers with international buyers, ensuring smooth...

WHAT GOODS ARE EXPORTED?

Export goods refer to products and services sold to foreign countries. These can range from raw materials like oil and minerals to manufactured goods such as electronics, automobiles, and clothing. Agricultural products, including grains, fruits, and meat, are also significant export items. The diversity of export goods reflects a country's...
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