Changing Patterns of Exports and Imports
Exports
Goods an services made by producers in country and supplied to consumers in other countries, involving a flow of money back into that country as revenue of the sale.
Inports
Goods and services purchased by consumers in a country from producers located overseas, involves a flow of money living that country and going overseas in payments.
Goods an services made by producers in country and supplied to consumers in other countries, involving a flow of money back into that country as revenue of the sale.
Inports
Goods and services purchased by consumers in a country from producers located overseas, involves a flow of money living that country and going overseas in payments.
Visible Trade
Trade in goods or merchandises (Physical product)
Invisible Trade
Involves international trade in services. (Exports and Imports of services)
Trade in goods or merchandises (Physical product)
Invisible Trade
Involves international trade in services. (Exports and Imports of services)