There would be several reasons that a country decides to import product that is being produced locally. Importing goods is business, so a country would import products to make profits. If a country imports products that are also locally produced, then that means importing such products makes profit.
All countries need to—or choose to—import at least some goods and services for the following reasons: Goods or services that are either a....Goods or services
Exports and imports are important for the development and growth of national economies because not all countries have the resources and skills required to produce certain goods and services. Nevertheless, countries impose trade barriers, such as tariffs and import quotas, in order to protect their domestic industries.
Here are the two key benefits of exporting products to other countries:
I have had a great experience so far at NIFT and am sure all of the people being trained here would resonate with my feelings, maybe in different words. I would highly recommend NIFT to anyone and everyone who wishes to learn or make a career in Foreign Trade!!! Read More
The course curriculum is set in such a way that it gives detailed knowledge of the international trade and shipping industry. The professors in the institute are those who already are working in the industry and have real world experience. This makes the learning process more impactful and the online sessions interactive. Read More
Faculties are very knowledgeable. Always clearing the doubts of the students. A heartfull thanks to Vinay sir our course coordinator. Read More
It is a Very good Institute. Highly experienced Tutorials, very friendly approach. We can ask as many questions during lectures and post lectures also. Students can directly approach tutors even after lectures for solving their queries. They provide Books for reference still the coaching is as per the Practical approach. Read More
This institute is one of the best institute for export import course, I am from Prayagraj, I am attending online export import course. Faculties and Study material are excellent. I recommend NIFT Mumbai for export import course. Read More