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LeoGlossary: Export

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Published: 26 Oct 2022 › Updated: 26 Oct 2022LeoGlossary: Export

LeoGlossary: Export

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A part of international trade where a good is produced in one country yet sold (and shipped) to another. When dealing with a service, this occurs in one country for a national of another.

The country that is doing the shipping is known as the exporter as compared to the importer, who is the receiver of the product.

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