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export |
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Export A good produced in one country and sold to a customer in another country. Exports bring money into the producing country; for that reason, many economists believe that a nation's proper balance of trade means more exports are sold than imports bought. Exports may be difficult to sell in some countries, as the importers may put up various protectionist measures such as import quotas and tariffs. Most governments seek to promote exports, while they have differing positions on imports. See also: Free trade, NAFTA. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The idea is that other wheat exporters must be running low on exportable surplus wheat (especially Russia) since traders believed that US wheat was not the lowest priced wheat in the world. The fair spans the range of exportable goods from souvenirs to textiles to heavy equipment. Despite potentially enhanced profits, a large portion of America's exportable raw materials are sold at mine site, or Freight on Board (FOB) rail and less often FOB port of loading. |
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