Export and Import

Export and Import

Introduction

The export-import activities are characteristic of modern economic activities of countries, which are marked with a road map for development. The world economy is inserted to effect transactions that allow a constant flow of goods and services, this situation calls for higher education institutions to offer alternatives for reflection on the phenomena inherent in these new business processes. Hence, the Technology Export and Import Management provide inputs for the training of human talent consistent with the social trends which could establish alternatives for meeting the increasing challenges faced by Colombian companies to seek more competitive with better use of the resources (Becker & McClenahan, 2003).

Discussion

Exports

As an export is called as part of National Accounts is the set of a national economy to other economies provided goods. From the perspective of each other's economies, these flows of goods imports. The export represents an aggregate of the gross domestic product (GDP) in the calculation using the national accounts. It consists of the goods - (trade balance) and services exports (balance of services) together. The balance of trade and services account balances are part of the current account (U.S. Congress, House of Representatives, Committee on Small Business, 2005).

Subtracting from exports and imports, the result is the net exports (also called net exports). An external contribution is greater than zero means that a portion of exports to foreign countries from abroad is not paid in the form of imports from abroad. Net export has to be so on credit, so that net exports an export of capital corresponds to when the compensation does not record another part of the balance of payments made. The Federal Republic of Germany and Japan, for example, regularly reported positive external balances, so that the (net) assets of the United States of America to other countries to grow continuously. The U.S., however, in decades, as a rule negative external balances, so that the (net) debt of the United States to foreign countries to rise continuously (Becker & McClenahan, 2003).

Import

Import is the common name for the import of goods and services of economic units that are resident outside the country. The opposite is the import of export. The net export with import depends on the excess of net imports or net exports. In the calculation of import in the United States of America, the import figures include freight and insurance costs. The US supplemented the foreign trade balance for the balance of primary incomes, the additions to the merchandise trade and balance of current transfers, the current account (Becker & McClenahan, 2003).

For certain goods, import licenses must be obtained, as some categories of quantitative restrictions (import quotas) because of international trade agreements subject. For the design of trade agreements regarding reimbursement for transportation, packaging, insurance and the transfer of risk on purchased goods are usually those of the International Chamber of Commerce (ICC) in Paris since 1936 published in terms (Current version of 2010) as a standardized contract clauses applied. The importer shall, on importation into the ...