Import and export meaning

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1 st of all, goods are imported from a different country because certain goods are not at all available in a particular country.

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The availability, price, and status of goods are crucial factors in international trade. Unlike small local transactions, international trade involves huge businesses and transporting large quantities of goods through various mediums such as ships, HGVs, trains, and airplanes. Importing and exporting involve cross-border trade, with importing being the acquisition of goods from another country and exporting being the sale or distribution of goods to a different country. The importer, exporter, and freight forwarders are the intermediaries who facilitate international trade. Importance of Import Export Management (Managers)

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