Page 12 - Gaceta CEDI AD 20

Field of study perspectives

Exports and Imports

Information Sources
By Brenda Berenice Castellanos de Haro Cabello Perez Miguel. (2014). Export. In Customs
and International Trade (678). Canada: Esic
2nd level English Elhanan Heplman. (2018). Importation. In e
2nd semester International Trade International Trade (432). USA: Breviarios.
Teacher Anheli Laguna Teniente e export (s.f.). In: Diferenciador.com. Available
at https://www.diferemciador.com/diferencia-
Since ancient times people around the world has made entre-importacion-y-exportacion/ Accessed:
use of the import and export of goods and services in February 1,2020, 4:00 pm.
e export (s.f.). In: Diferenciador.com. Available
order to have a better quality of life. But what does at https://www.diferemciador.com/diferencia-
import and export mean exactly? entre-importacion-y-exportacion/ Accessed:
February 1,2020, 4:00 pm.
As Elhanan Heplman comments in his book The e import (s.f.). In: Diferenciador.com. Available
International Trade (2018), “imports are the entry of at https://www.diferemciador.com/diferencia-
goods or services to a country from abroad, as a result of entre-importacion-y-exportacion/ Accessed:
February 1,2020, 4:00 pm.
transactions or exchanges”. e import (s.f.). In: Diferenciador.com. Available
at https://www.diferemciador.com/diferencia-
� e main reason for importing products is to meet the entre-importacion-y-exportacion/ Accessed:
demand for goods that cannot be produced in the domestic February 1,2020, 4:00 pm.
market. � is can happen in the case of technology, when What is import and export, types and importance
(s.f.). In: Resource of help .com. Available at
resources are obsolete or expensive, or when a certain
product or service cannot be produced internally due to
lack of skills or resources.
How many goods or services a country imports depends directly on the exchange rate of the
local currency. If the local currency is strong (which means that your currency has a good
price compared to other currencies), you can buy more foreign goods, which means the level
of import increases. If your local currency is weak, the import level tends to decrease.

Now let us check what export means. According to what Miguel Cabello Pérez wrote in his
book Customs and International Trade (2014) “the export occurs when national companies
sell their products or services abroad”.
� ere are several reasons why companies decide to export their products. First, they may want
to introduce into new markets in order to expand and internationalize. Some companies also
decide to export to meet a demand that exists abroad, but does not exit internally. � e export is
also a way to reduce the surplus of the domestic supply and make the production more effi cient.
Importance of Import and Export

Both activities are extremely necessary for the optimal development of a country, either to
achieve a better economic balance, or as a source of employment and economic diversity.
Some of the advantages are:
It generates competitiveness among the companies in the world, because the goods become
international in nature.
Create trade agreements between several states, unifying them on several occasions.

� ey help the entry of new technologies and their recreation.

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