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Tell us why it is that countries export or import

December 9, 2021

Tell us why it is that countries export or import OR what are the advantages of trade OR what are the problems of trade.

then one comment for each from the bottom. Do you agree or disagree?

Countries export or import is a tool to help country economics grow strong and keep create more jobs on the country to help people to earn more money outside the country. Country export the thing is too much for our market, we need a need a new market to consumption these products, and we import the thing we need. Advantages of trade is the exchange rate, strong country could use less money buy more products from other nationals. Weak country have to spend more money to buy one product from strong national. Also, trade could be a weapon to destroy other country economics, and that country money will become less value to buy anything outside the country. Trade is a good tool to build relationship outside the country. Trade help each country to create more jobs in many areas. The problems of trade are high-technology using in military has been sell to other country, patent has been replica, customs duties has been changed for every products, trade agreement has been change, and government get involved to tell the companies inside the country which product you can sell and which one are not allow to sell.

I think importing and exporting can be great for every country or it can be bad. It’s good because you’re trading goods that another country needs and you get something that our country needs. One of the companies that became nationally huge was Hershey because they get their cocoa from other countries they were able to make enough chocolate to become a huge business. Ghana is one of the countries that has one of the best quality cocoa beans. that’s how they make the most money for their country, the USA makes the most exporting wheat. The problem with trading is that if you have some type of problem with other countries they can hold out on trading with you or overprice their goods. for example when the Saudis didn’t want to sell the USA petro anymore because of the indifferences they had between each other. The other example is the so-called chip shortage. It’s another way to be in control and raise prices on everything. So when exporting and importing go bad the citizens suffer the most because prices rise because it’s what’s in demand.

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