Export
Question
Can someone help me address this discussion board reply? I need one hundred wordsand 1 source Export is to
send or ship goods, services, or commodities produced in one country and sell them or trade them in a different country. The United States is a major producer in international trade, but it is currently struggling to compete in this new global economy. In 2012 The U.S. was ranked first in GDP purchasing power parity and outperformed Canada, Mexico, China, Japan, and the United Kingdom in exports. In comparison, the U.S. exported $1 trillion more in products than the entire European Union (Satterlee, 2014). These numbers were great in 2012 but in the last five years the United States has dropped to third in exports behind China and the European Union. That was $2.3 trillion in exports and $2.9 trillion in imports of both goods and services (Amadeo, 2018). These Exports are vital for maintain U.S. Jobs and extremely important to the Economy. GDP is the total market value of all goods and services produced within the borders of a nation during a specified time period (Satterlee, 2014).
The main cause for increased exports is globalization. This phenomenon has led nations to be dependent on global trade and a global economy. It has also allowed small businesses to move from Main St. to an international market place that has no boundaries. With the high demand of online shopping, someone in Australia is purchasing a product in Ohio without leaving their desk. Just like this there are millions of transactions performed every day, creating new business, more jobs, and increasing exports, hence increasing the GDP. The technology industry has allowed online shopping to a great degree of success, making it easier to shop with a mobile device. “Google rolled out on April 21st last year a “Mobile-friendly” update forcing website owners worldwide to make their sites work better on mobile devices, making a point to businesses on the growing importance of mobile for today’s consumers” (Sosa, 2017). The technology industry has revolutionized the shopping business which leads to the increase in U.S. exports.
Wayne Grudem wrote “Therefore if we are ever going to see long term solutions to world poverty, I believe it will come through starting and maintaining productive, profitable businesses” (Grudem, 2003) A goal of a productive business should be to take business to new countries, by doing this we help those countries produce new jobs and new skills. Business should glorify God by taking care of the poor, feeding the hungry, and caring for the sick. Jesus reminded us to do help the needy, the poor and the sick. By doing this it was as if we were helping him. Mathew 25: 35-36 “For I was hungry and you gave me something to eat, I was thirsty and you gave me something to drink, I was a stranger and you invited me in, I needed clothes and you clothed me, I was sick and you looked after me, I was in prison and you came to visit me”( Holy Bible NIV).