ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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nonprofit organizations
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the profit motives
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the economics of one unit
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the global economy
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Detailed explanation-1: -A country’s importing and exporting activity can influence its GDP, its exchange rate, and its level of inflation and interest rates. A rising level of imports and a growing trade deficit can have a negative effect on a country’s exchange rate.
Detailed explanation-2: -Exporting is the sale of products and services in foreign countries that are sourced or made in the home country. Importing refers to buying goods and services from foreign sources and bringing them back into the home country.
Detailed explanation-3: -Globalization in this sense is a very strong flattener. Importing. involves the sale of products or services in one country that are sourced in another country. In many ways, importing is a stealth form of internationalization.
Detailed explanation-4: -Global Import and Export-FAQs The movement of products between countries to service the needs of a particular market.