Importance Of Export In International Trade

Introduction:

Export

Export is the process of shipping goods and services from your country to other. The seller of these goods and services is called exporter and the person receiving in other country is called importer as explained by Joshi, Rakesh Mohan (2005)

Exporting goods includes the customs authorities of both exporting and importing countries. Some small trades can be done online by using eBay and Amazon which exclude the involvement of custom authorities because this trade has low values. Nonetheless, there is some legal restriction on this trade by exporting country.

The international trade theory is quite old. Exporting plays huge role in international trade and the macro-economic risk and profits of exporting are discussed by

Sharing of information through internet can also be called exporting.

Majority of the largest companies having advanced economy derive a huge portion of their annual revenues by exporting. Exporting goods plays an important role in the growth of an economy. The basic and important functions of foreign policy within governments are to promote economic trade in ways that is beneficial to both the parties.

Population

The total number of people living in a country is called population. For purpose of census the population of country includes all people living in a country. In broader sense it includes resident of the country or all people present in the country at the time of conduction of census.

The residents which live usually in a country are called de jure population and the people which are present at that census time are called de facto population.

(Handbook _of _Vital Statistics, Systems -and Methods Volume 1)

Population growth:

Means the increasing number of people in a given population. When a population increases in a given time period it is called population

Another method is used to check the rate it is called net reproduction rate which tells that when the rate is more than one female population is increasing and when net reproduction rate is less than one it means female population is decreasing. Dharmalingham, A. (2004). "Reproductivity". In David Swanson, Jacob S. Siegel, Henry S. Shryock.

Measuring population in per unit area is called population density. It is widely used as a key geographic term and is mostly applied to human being Matt Rosenberg (March 2, 2011)

Monetary Base:

Pettinger (2011) explained that the monetary base is portion of the net money supply. It is the most liquid part in the money supply.

Monetary base contains Notes, coins, deposit of Commercial bank with the Central Bank

The monetary base has its other name also called narrow money’ because it excludes illiquid money supply.

Monetary Base and Quantitative Easing

“The concept of monetary base has frequently come up with regard to the monetary policy of Quantitative Easing (QE). QE leads to an increase in the monetary