Exports

Exports
It is defined as the commodity, goods and services which are sold to a distant country.For instance, Saudi Arabia, which is produces large number of oil,exports the oil to China and US. The main components of exports differ from one country to another. Exports can be a type of tangible goods like vehicles, corn, oil, computers and musical instruments. Since the last decade, a vigorous exporting industry has increasingly become significant to the growth of the economy. Speaking in a traditional manner, an expert industry is regarded good for an economy as it can be translated into large number of jobs, mainly as the demand for the growth of the products. (10,857)