Importing example sentences

These range from exporting/importing to contract manufacturing abroad, licensing and franchising, joint ventures and setting up wholly owned subsidiaries abroad.Since exporting/importing does not require much of investment in foreign countries, exposure to foreign investment risks is nil or much lower than that is present when firms opt for other modes of entry into international business.The first thing that the importing firm has to do is to gather information about the countries and firms which export the given product.In the case of direct exporting/importing, a firm itself approaches the overseas buyers/ suppliers and looks after all the formalities related to exporting/ importing activities including those related to shipment and financing of goods and services.Despite the above mentioned limitations, exporting/importing is the most preferred way for business firms when they are getting initially involved with international business.He does not have any idea of what the various formalities and documents involved in exporting and importing are.In case the prospective buyer (i.e., importing firm) finds the export price and other terms and conditions acceptable, it places an order for the goods to be despatched.The goods are allowed to be brought into the importing country if these are not originating from the banned countries.In a similar vein, importing is purchase of foreign products and bringing them into one's home country.A trade enquiry is a written request by an importing firm to the exporter for supply of information regarding the price and various terms and conditions on which the latter exports goods.The first successful modern textile mill was established in Mumbai in 185 The warm, moist climate, port for importing machinery, availability of raw material and skilled labour resulted in rapid expansion of the industry in the region.There are two important ways in which a firm can export or import products: direct and indirect exporting/importing.The person in charge of the carrier (ship or airway) informs the officer in charge at the dock or the airport about the arrival of goods in the importing country.The country from which we were importing and making payments in gold would face an increase in prices and costs, so their now expensive exports would fall and their imports of the first country's now cheap goods would go up.In 1760 Britain was importing 5 million pounds of raw cotton to feed its cotton industry.