Wednesday, June 12, 2019

Develop an Export Strategy for an Organisation Essay - 1

Develop an Export Strategy for an Organisation - Essay ExampleIndia will thence be expected to be familiar with the operations of the international trade which will help it to export its harvest-times effectively. The export strategy therefore proposed for the board of directors is mutualist on the factors that will be brought out from the knowledge of the international trade (In Nafziger & In Paterson, 2014).external trade involves the exchange of products and services across the orbit boundaries. outside(a) trade consists of imports, which are the products that come into the country, and exports which are the products that the country sells to other countries. International trade is regulated by customs that regulate the oversight and taxation of the countries involved. International trade is laid on a theoretical foundation that includes mercantilism which tried to impose more exports than imports, referring this as a positive trade balance, neomercantilism which standardis ed the former, tries to meet a positive trade balance, absolute advantage over competitors which is based on the ability of a nation to produce effectively by using less resources. Another foundation is comparative advantage where a nation is encouraged to take part in exportation of a product which it is best suited to produce compared to its competitors, and endowment of factors which increases the comparative advantage thus enabling a nation to export products that it has a high factor endowment, therefore attaining higher sales level of the product and at the same time spreading its production cost, and importing the products which it has a low factor endowment in order to acquire them from countries that are suited to produce them. The complexity of the international market is based on the need for international transportation from one country to another. It involves the physical transportation

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