Answer to Question #231199 in Macroeconomics for livhu

Question

how does export and imports can benefit like volkswagen in relation to resources

Answer 1

Export and imports can be of benefit to a company like Volkswagen in ways like;

Reducing manufacturing cost, since importing products, parts of products and resources may be more cheap and affordable than producing them.

Increasing sales and profits for Volkswagen company. This can be archived though selling to clients in other nations.