Export

By definition, exports are a function of international trade whereby goods produced in one country are shipped to another country for future sale or trade. Exports are a crucial component of a country’s economy, as the sale of such goods adds to the producing nation’s gross output. One of the oldest forms of economic transfer, exports occur on a large scale between nations that have fewer restrictions on trade, such as tariffs or subsidies. Exported goods are considered zero rated goods—Read more at Investopedia. Segal, Troy. “Export Definition.” 24 September 2019