Why do countries export?

Question

I need at exactly 3 answers for my geo exam!

Answer 1

To satisfy supply and demand

It provides jobs at home through sales abroad

it allows a profit to be made

it encourages economies of scale

You gain foreign currency

Answer 2

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Good Luck

Answer 3

1. The way to set off your excess production (exporting goods you have more than your local demand)

2. To earn foreign exchange reserves (that may be utilized to pay bills for imports)

3. Getting mutual benefits (like exporting weapons and agreement on defense strategies)

Answer 4

Countries trade when one country is in debt with another country, trade is one way to cut down the debt. Trade strengthens a countries economy by creating jobs, and it also generates money for countries to apply money towards education building or whatever the necessity may be. Trade also benefits other cultures weather it be foods, products for medicine, gas efficient vehicles and so on.

Answer 5

Exports allow for offsetting imports from the countries they export to. So, if your country doesn't manufacture DVD players, exporting to a country that does is one way to get DVD players into your country.

Answer 6

Hi,

I have a lot of experience marketing small companies online (I have 3 companies).  One of the best ways is to sign up at business directories and protals.  These are basically listings of businesses (simliar to the phone book).  The advantage is that these portals usually get a lot of traffic and they're ranked high on Google because of all the quality links they contain.

My favorite portal is called Directory Exclusive.  I signed up a few weeks ago because they're giving a away a free business card holder when a person enter's their company info.  I received it in the mail 3 days ago =)

I don't know if they still have that promotion, but you can try to get the free card holder here:

http://www.top-i-directory.info

Good Luck

Answer 7

Just as regions in a country do not have all the products that their citizens might want, the same thing holds true for countries.  (There are not many dairy farms in New York City for example).  Some countries are richer in some commodities or skill sets than others.  Even if both countries might produce the same product, one could have an advantage over the other in one of those commodities. For example Canada could be better at producing wheat than Great Britain who could have an advantage making fine linen.

Some countries have only one or two commodities and have to trade to even to begin to feed their people.  Think Dubai for example.