Some barriers to international trade

[Bisolami]

A lot of things need to be considered when you plan to export and it will benefit you only if the thing is not available in that country and they require it and there are not many or any exporting it

Hmm, this is one of the things that we need to think about. I totally forgot about this. Thanks for the reminder

 

[Starmix]

Exactly, the formalities that one needs to fulfill is another barrier. one nerd to find this out.

Post automatically merged: Dec 15, 2022

Yeah I wanted to know what would be up anyone that want to do this business because I know it might be profitable there.

That's profitable yet risky too for you have to negotiate with our Bureau of Customs. There are so many offices to transact for export - import.

 

[Hate2Wait]

Hmm, this is one of the things that we need to think about. I totally forgot about this. Thanks for the reminder

Governments do make it tough to export things to different countries so you need to see all this before going for export.

 

[Bisolami]

That's profitable yet risky too for you have to negotiate with our Bureau of Customs. There are so many offices to transact for export - import.

That's true.
We also have them in my country and they are very strict here. They are too strict

 

[Hate2Wait]

Yes they need to be aware of customs and all the duties and taxes and other requirement they need to fulfill

 

[cherry123]

That's profitable yet risky too for you have to negotiate with our Bureau of Customs. There are so many offices to transact for export - import.

it is still not a bad ides provided good money would be made at the end of the day

Post automatically merged: Dec 15, 2022

Sure it is always good to research and find out a lot more about it before starting out.

 

[Shavkat]

One thing is for sure, turkeys would not be feasible in my country Philippines because are into this kind of meat. It needs to have survey before having this kind of business here.

 

[Bisolami]

it is still not a bad ides provided good money would be made at the end of the day

Post automatically merged: Dec 15, 2022

Sure it is always good to research and find out a lot more about it before starting out.

You're right ooh
If one does not make any research about the business, you know how Nigerian custom agents are

 

[nite001]

What a shocking fact! The price of turkeys is 3x that of chickens in the philippines

 

[Hate2Wait]

One thing is for sure, turkeys would not be feasible in my country Philippines because are into this kind of meat. It needs to have survey before having this kind of business here.

Yes one shouldn't start exporting just like that and they need to conduct proper research before that

 

[Bisolami]

What a shocking fact! The price of turkeys is 3x that of chickens in the philippines

For real?
I guess that is why a lot of people in your country love to eat chicken.

 

[Hate2Wait]

Every place has its own ways so we can expect one thing expensive at one place and cheap at another place

 

[Bisolami]

Every place has its own ways so we can expect one thing expensive at one place and cheap at another place

That's tee but the major problem is that people love to buy things at where it is cheap. No one loves to buy it expensive

 

[Reedex]

There are lot of barriers involved in international trade most especially if you do not understand each other's language. Capital could also be a major barrier.

 

[Bisolami]

There are lot of barriers involved in international trade most especially if you do not understand each other's language. Capital could also be a major barrier.

I don't think language should be a barrier anymore because almost everyone can speak English and is the other partner cannot speak the language that you are speaking, you can just look for someone to translate it for her

 

[Niyi Briggs]

I think the biggest barrier to international trade has to be the disparity in currency. And the varying disparities in the value of the different currencies. That's why the Eurozone deveeloed a common currency.

 

[cherry123]

I will think it is the language most because communication might turn out to be a huge problem you just have to tackle this barrier and so how you can remove for a good business session

 

[Etini Willie]

I will think it is the language most because communication might turn out to be a huge problem you just have to tackle this barrier and so how you can remove for a good business session

I feel language and currencies disparities are the most common issues in international trade. Also, costs of shipping products across regions is a factor that makes international trade difficult.

 

[Bisolami]

I will think it is the language most because communication might turn out to be a huge problem you just have to tackle this barrier and so how you can remove for a good business session

Well, that is why it is better to be able to understand the moat popular language that we know of which is English
With that, you will be able to communicate with so many peoplw

 

[Hate2Wait]

There are many barriers to international trade like there are things that are popular here but not in other country, there are taxes, you need to follow the rules of the land