Concept in Definition ABC

In the field of economyExport is defined as the shipment of a product or service to a foreign country for commercial purposes. These shipments are regulated by a series of legal provisions and tax controls that act as a contextual framework for commercial relations between countries.

It should be noted that exports are always carried out within a legal framework and under conditions already stipulated between the countries involved in the commercial transaction. Thus, the laws in force in the issuing country and in which the merchandise is received are intervened and respected.

Services and products supported by land, air and more recently virtual roads

The export can be carried out through different ways of transport, because yes or yes, in the export, the set of goods or services must "travel" to another country, which is located several kilometers away, and then it will be necessary to transport them by land, in trucks, automobiles, among others, by sea, or by airplane. In recent years, thanks to the benefits provided by new technologies, especially the Internet, it has become common and frequent that people export their labor services linked to work via the web, and then, in this special case, what is exported is an abstract service.

The activity opposite to that of export is that of import, which on the contrary supposes the entry, the introduction of goods or services of foreign origin to a nation.

Export and trade balance

In such a globalized world, balance of trade It is a fundamental element in the future of the economy of the countries, since they are immersed in a network of exchanges of imports and exports worldwide. Achieve the Balance in this balance it is one of the objectives of any country that wants to keep its accounts healthy and not run an excessive deficit. Intuitively explained, for a country to maintain a balanced trade balance it should not buy more than it sells, or in other words, imports should not exceed imports. exports.

Throughout history, there have been many economists who have focused on studying how to maintain the balance of the positive trade balance, but always, regardless of the different approaches with which they faced the issue, they reached the same conclusion: Correcting the trade deficit must be a priority.

Exports and the strength of currencies

The currency in which business transactions take place and its value can have a strong impact on a country's export. In fact, some countries have traditionally used their ability to depreciate their own currency as a way to stimulate imports, by achieving with this maneuver that other countries prefer to purchase their products over those of other competing countries its lowest cost.

However, currency variability is also a double-edged sword, as it can affect one of the parties. negatively if the transaction is carried out in a currency that experiences a sharp rise or fall over a period of time reduced. It must be taken into account that exports are closed at a certain price and specific payment conditions, which usually include deferred payments at 90, 120 or 180 days, and that a substantial variation in the value of the currency between one moment and another may end up generating significant imbalances on the agreed price initially. Thus, a transaction of 100 million euros may end up involving an extra cost of 5 million only with that between the closing period of the agreement and the first payment, the euro has appreciated against the dollar by one 5%.

It is a common resource for those nations that promote the development of their industry to establish protectionist measures. with respect to the products and services that they produce in order to gain an advantage over the products that are imported. They are popularly called import barriers and have the mission of safeguarding production and the local producer. For this matter, eminently exporting countries will be affected by a model of this type.

In the computer area

In the field of computingWe also find a reference for the term, since in this way it is called the action of forcing an application to create a document that it will not be able to edit later. We can find this option in the most developed text editors.

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