The role of export-import operations for the economyThe role of export activities for the economyExport activities: In reasoning in international trade is the sale of goods and services to foreign countries, in calculating the balance of international payment, according to the International Monetary Fund IMF is the sale of foreign goods. The impact factor: When the factors relating to the cost of production for export in the country does not change, the value of exports depends on the income of foreigners and on the exchange rate. Foreign earnings rise (also means economic growth abroad increases the slope), then exports have increased opportunities. The exchange rate increase (i.e. domestic currency devaluation versus foreign currency), the export value also can increase thanks to price calculated by Exchange become lower. Export to economic growth: In the calculation of export demand, considered the demand from outside (the need). The level of an economy dependent on exports is measured by the ratio between the value of imports and the total national income. For the economy that domestic demand is weak, then the exporter has important implications for economic growth. Thus, many of the developing countries pursued the strategy of export-oriented industrialization. However exports depend on foreign elements, so to ensure stable economic growth and sustainability, the IMF often encouraged the countries to rely more on domestic demand.
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