WHY GET INTO TRADE
WHY GET INTO TRADE
Three reasons exist for people to get into the trade game:
1. Imports: Everyone is buying foreign—it's in vogue. Imports are bringing big profits.
2. Exports: Some experts acknowledge that exports have
been out of balance but they say that the tide has turned. These people believe that now is the time to make profits in exports.
3. Global Community: Americans are awakening to realize that the world is interdependent. People of each nation rely on people of other nations to exchange goods, services, and ideas.
How Do You Take Advantage of These Opportunies?
If Whalen is right, and international trade is a game with constantly changing rules, there will be surpluses in the future, just as before. Seen as a game, you, the participant in international trade, must do business within today's rules. In order to win the game, you must first understand the basics as presented in this book. Only then, with equal ingenuity as the governing elites, can you employ the rules to varius business applications and find methods to jump tariff and nontariff walls in order to enjoy profitable international business.
WHERE DO IMPORTERS AND EXPORTERS TRADE?
Though America has significant deficits with several of our top trading partners, we have surpluses with many other countries. The opportunity to conduct import/export is everywhere, because the world market has become much more interdependent and trade conditions among nations change rapidly. Today, conditions might favor importing with a given country, but tomorrow they could favor exporting. Realistically, international trade involves both importing and exporting, not one at the exclusion of the other.
Novices to international trade, whether companies or individuals, can get started through importing or exporting. Once trade begins, opportunities spring out of nowhere. A person who successfully starts importing very soon learns of exporting opportunities and vice versa. In any case, a person can make a whole lot of money. Two trillion dollars wouldn't be traded worldwide if it weren't profitable to do so.
The next chapter will launch you into the first steps of an import/export transaction and speed you on your way to international trade success and profits.
Three reasons exist for people to get into the trade game:
1. Imports: Everyone is buying foreign—it's in vogue. Imports are bringing big profits.
2. Exports: Some experts acknowledge that exports have
been out of balance but they say that the tide has turned. These people believe that now is the time to make profits in exports.
3. Global Community: Americans are awakening to realize that the world is interdependent. People of each nation rely on people of other nations to exchange goods, services, and ideas.
How Do You Take Advantage of These Opportunies?
If Whalen is right, and international trade is a game with constantly changing rules, there will be surpluses in the future, just as before. Seen as a game, you, the participant in international trade, must do business within today's rules. In order to win the game, you must first understand the basics as presented in this book. Only then, with equal ingenuity as the governing elites, can you employ the rules to varius business applications and find methods to jump tariff and nontariff walls in order to enjoy profitable international business.
WHERE DO IMPORTERS AND EXPORTERS TRADE?
Though America has significant deficits with several of our top trading partners, we have surpluses with many other countries. The opportunity to conduct import/export is everywhere, because the world market has become much more interdependent and trade conditions among nations change rapidly. Today, conditions might favor importing with a given country, but tomorrow they could favor exporting. Realistically, international trade involves both importing and exporting, not one at the exclusion of the other.
Novices to international trade, whether companies or individuals, can get started through importing or exporting. Once trade begins, opportunities spring out of nowhere. A person who successfully starts importing very soon learns of exporting opportunities and vice versa. In any case, a person can make a whole lot of money. Two trillion dollars wouldn't be traded worldwide if it weren't profitable to do so.
The next chapter will launch you into the first steps of an import/export transaction and speed you on your way to international trade success and profits.
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