Discuss the Growth of Exporting

question 40

Essay

Discuss the growth of exporting.What are the factors contributing to the growth pattern?

---

Definitions:

Goods and Services

Tangible products and intangible activities offered to consumers or businesses in the marketplace.

Caveat Emptor

“Let the buyer beware”; a principle that the purchaser must examine, judge, and test for herself.

Sale of Goods Act

A UK law enacted in 1979 which regulates the sale of goods that are bought and sold in the UK and the contractual rights and obligations of buyers and sellers.

Contractual Terms

The specific provisions, requirements, and clauses that are agreed upon by the parties forming the binding agreement of a contract.