Advantages of import and Export Loan Write By Me long Dy Thursday, April 20, 2023
bank. Then they had no money to refund because they didn't take this money to run business or did the thing that make them get income, therefore bank took their house and field. As a result, they have no house to live and no field to do farm. According to my description, we car conclude that bank loan can provide a lot of advantages and disadvantages. But if we know how to use the loan for the useful thing, it may gives us a lot of advantages more than gives disadvantages. Advantages of Import and Export In each country, the ways to do business are differences, but the main point they need to import and export their product to be interrelationship. The import and export product can make bus grow up or go down because they have either advantage or disadvantage. Here are the advantages below: Advantage of import and export: - Import: - Enhance your domestic competitiveness - Increase sales and profit in all the way - Gain your global market share - Reduce dependence on existing markets - Exploit international trade technology - Extend sales potential of existing product - Stabilize seasonal market fluctuation - Enhance potential for expand of your business - Sell excess production capacity - Maintain cost competitiveness in your domestic market. -Export: Improved profit and sales Develop domestic competitiveness - increase worldwide market shares Diversification and risk -18
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