Answer to Question #236407 in Macroeconomics for Anelisa

Question

Explain 5 ways that exports and imports can be benefit a company like Volkswagen in relation to resources, capital, job creation, and production line

Answer 1

For a company like Volkswagen, exports and imports can be very profitable. When a corporation imports products from other countries, it introduces new products to the company that will help them create new products. Importing raw materials may be the best option if certain raw materials are not available in the country. Exporting their products may merely assist them in making money.