Imports and Exports
Imports and Exports
Post University
February 1, 2014
Imports and Exports
How would you feel about the businesses in the United States that are buying or selling to countries that have a high amount of exports and imports? This is the only way that some of these countries can survive. This is because they have products that other countries don’t have and other countries are able to produce things that they can't. The same can be said about importing certain wines. This could be said when you are wanting some from Australia and the only for the United States to get it is to import it. If I owned a business I would rather sell my product to a country that needs everything that I had to offer. I think this would be a great importer/exporter relationship and could also be beneficial to us both. It would offer a trust relationship between us two and make a direct reflection on us being able to export to other countries too. This is a quick outlook of the top five exporters: China with (all values are in billions) 2049, United States (1546), Germany (1407), Japan (799) and Netherlands (656). The top importers kind of hold steady with the same countries however they do change up just a little. United States (2336), China (1818), Germany (1167), Japan (866) and United Kingdom (690). From these statistics we can see that both China and the United States are leaders in both import and exports. (World Trade Developments, 2013) This could mean that I’ll be able to trade to some of the top importer thus allowing me to possibly cut into deficits that the country may hold or it may mean that since I have a product of high demand that I can potentially raise the prices and increase revenue and still have the same countries that shop with me. After searching the list of companies that could possibly supply dinner cruise business with Australian wine, I came up with
Post University
February 1, 2014
Imports and Exports
How would you feel about the businesses in the United States that are buying or selling to countries that have a high amount of exports and imports? This is the only way that some of these countries can survive. This is because they have products that other countries don’t have and other countries are able to produce things that they can't. The same can be said about importing certain wines. This could be said when you are wanting some from Australia and the only for the United States to get it is to import it. If I owned a business I would rather sell my product to a country that needs everything that I had to offer. I think this would be a great importer/exporter relationship and could also be beneficial to us both. It would offer a trust relationship between us two and make a direct reflection on us being able to export to other countries too. This is a quick outlook of the top five exporters: China with (all values are in billions) 2049, United States (1546), Germany (1407), Japan (799) and Netherlands (656). The top importers kind of hold steady with the same countries however they do change up just a little. United States (2336), China (1818), Germany (1167), Japan (866) and United Kingdom (690). From these statistics we can see that both China and the United States are leaders in both import and exports. (World Trade Developments, 2013) This could mean that I’ll be able to trade to some of the top importer thus allowing me to possibly cut into deficits that the country may hold or it may mean that since I have a product of high demand that I can potentially raise the prices and increase revenue and still have the same countries that shop with me. After searching the list of companies that could possibly supply dinner cruise business with Australian wine, I came up with