How does global import and export business impact goods from a supply
Import and exports are the two pillars of international trade and an open economy. They are the practices made by any country in order to exchange the goods and services in the global market. Import is happening when a hosting country buys goods and service from the international market. Export has happened when hosting country sell their services and goods to the international market. Supply of services and goods depends on the imports and export but not demand because demand is dealt with the consumer side economics, it only fluctuates with the fluctuation in the price of the goods and services. Demand will increase with the imports because import make commodity cheaper.
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