Nobody downloaded yet

Exporting and Importing for a Developing Country - Essay Example

Comments (0) Cite this document
Exporting and Importing for a Developing Country Name: Institution: Exporting and Importing for a Developing Country Question 1 South Africa, which is officially referred to as the Republic of South Africa is a nation situated at the southernmost tip of Africa…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.3% of users find it useful
Exporting and Importing for a Developing Country
Read TextPreview

Extract of sample "Exporting and Importing for a Developing Country"

Download file to see previous pages It is also the 24th most populous nation with at least 51 million people. The country is a multiethnic society. South Africa is a developing country, according to the standards of the CIA and the United Nations Conference on Trade and Development (UNCTAD) (CIA, 2013). The country’s economic position is rapidly advancing, particularly as a result of its robust trade initiatives. South Africa’s trade initiatives include major imports from and exports products to numerous countries across the globe. Some of the country’s most notable imports include motor vehicles and vehicle parts, computers and electronics and refined petroleum products. The import product selected for this paper is refined petroleum products. This selection is based on the fact that South Africa’s importation of refined petroleum products encompasses 7.4% of its entire imports. Petroleum products are vital materials that come from crude oil and are processed in oil refineries. Petroleum is converted into petroleum products that consist of an array of fuels (UN, 2010). Question 2 The Republic of South Africa is based on a constitutional democracy. The government structure encompasses three structures namely; local, provincial and national governments. South Africa is a sovereign and democratic state, which is segmented into nine provinces. Each state has its individual provincial legislature. All segments of government in South Africa derive their powers, as well as functions, from the Constitution of South Africa. The National Assembly is the supreme law-making institution of the Republic of South Africa (CIA, 2013). The National Assembly makes law applicable throughout the country and the same is also true for all legislative policies developed by the Cabinet of the National Government. Although there are sections of executive legislative competence for the National Assembly, it shares its legislative power with the country’s provincial legislatures. The South African parliament consists primarily of two houses, namely, the National Council of Provinces (NCOP) and the National Assembly. The South African National Assembly is elected into office for five years and is made up of no fewer than 350 members and no more than 400 members. Members of these houses are elected in keeping with the country’s electoral system, which centers on a roll of voters who are above the age of 18 years (USTR, 2012). This results in a system characterized by proportional representation. On the other hand, the local government encompasses municipalities whose objectives include the provision of democratic and accountable government for the country’s local communities, promoting socioeconomic development and ensuring equitable provision of services to all communities. The link between the national and local government is the provincial government. South African provincial governments are subject to policies and laws established at the national level (CIA, 2013). However, provincial governments have the power to pass their individual policies and laws in the framework so as to suit the specific needs of the provinces. Provincial legislatures are allowed to establish their own constitutions in accordance with the provisions of the South African Constitution. A number of challenges plague the marketing of products in South Africa. Firstly, South Africa is a low yield environment, which means that the traditional income of most South Africans is quite low. This makes investors uneasy ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Exporting and Importing for a Developing Country Essay”, n.d.)
Exporting and Importing for a Developing Country Essay. Retrieved from
(Exporting and Importing for a Developing Country Essay)
Exporting and Importing for a Developing Country Essay.
“Exporting and Importing for a Developing Country Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Exporting and Importing for a Developing Country

Exporting and importing

...? EXPORTING AND IMPORTING AFFILIATION: This essay discusses about the issues that are pertaining with the export and import transactions that are conducted by the organizations. The government plays a positive role in the international trade arenas of the country. There are high chances of goods being damaged during transactions due to different reasons; therefore proper measures need to be made to avoid such situations. E-commerce and internet marketing has caused the import and export transactions to take place efficiently but has its limitations and challenges associated with it. Table of Contents Abstract 2 Table of...
10 Pages(2500 words)Essay

Critically Analyse the Theoretical Conflicts Between Capital Exporting Countries and Capital Importing Countries the environment as well as life2. The Arguments of Capital Importing and Capital Exporting Countries The belief or idea regarding the ‘permanent sovereignty’ on the natural resources was stated to be a basic standard of modern international law. It surfaced in the period of 1950 at the time of the process of decolonisation to be an essential element associated with the authority of self-determination along with an indispensable and intrinsic constituent related to state sovereignty. The notion was stated to have initiated from the dealings made on the conformity of developing natural resources as the developing states desired to keep away from the...
17 Pages(4250 words)Essay

Marketing to a Developing Country

...? Marketing to a Developing Country of the Briefly describe the country that you have selected using the facts from the Country Commercial Guide. Explain why you decided to export to that country. Support your decision to export to that country with facts from the Country Commercial Guide. This essay explains a case study of marketing in the developing economy of China. The product chosen for business is Toy’s. It is the best strategy to internationally spread the business in a nation that shows rapid growth over the decades. China is a member of the five BRIC economies....
6 Pages(1500 words)Essay

Importing US food Risk

...? Importing US food Risk Importing US Food Risk Imported foods in the U.S have tripled in the past decade. This has made it difficult for regulators to inspect the safety of all products that were consumed in America. A great percentage of the food bought in America come from abroad. Close to eighty percent of active pharmaceutical ingredients and finished drugs come from nations outside America. Importation of foods from outside countries pose a great risk on the health and lives of both animals and individuals in the U.S. according to a research carried out on the risks associated on food importation, it was discovered that a certain number of animals and people in America die while others suffer from serious infections obtained... safety...
4 Pages(1000 words)Research Paper

International Trade - Exporting and Importing

...has trade agreement with the USA thus promoting the trade between the two countries. The tractor exporter to this country will find it easy to market his product to this country due to this agreement. Promotion of foreign investments Chile has been supporting the development of international trade; due to this policy, exports and imports to this country are encouraged. Due to this promotion, the exporting firm in the USA can easily market their product in Chile. Thailand is also promoting exports and imports of various goods. However, despite of...
5 Pages(1250 words)Essay

Urban waste management in a developing country

...Running Head :URBAN WASTE MANAGEMENT Urban Waste Management in a Developing Country Urban Waste Management in a Developing Country Health of an ecosystem is central to sustainable development of a developing nation. Twenty five per cent of the preventable illnesses in the world are caused by environmental factors. According to a study by the WHO, thirteen million deaths are caused annually due to environmental factors, and most of them are in developing countries. The newly emerging economies such as India and other South Asian countries are getting...
2 Pages(500 words)Essay

Importing & Exporting

... due to government intervention in the host or the buying country (Tariffs, Quotas, VAT, taxes, etc. ).The business world is very fast and changes very quickly and at times the price quoted before might not take into account changing market structures and changing demand for the international commodities which will ultimately reflect on the popularity of the Exchange Rate. 4-4-Conclusion Evidence form import export literature suggests however that it is in economies with very high inflation rates (mostly hyperinflation) where the domestic currency is hopelessly devalued and local business actors will tend to “dollarize” their transactions. This may be the most suitable way out to keep the costs realistic. References 1. Aharony, J... ...
12 Pages(3000 words)Essay

Economics developments in Developing country

...Developing countries often lack the technical expertise and technological sophistication to match the degree of competitive advantage achieved by thedeveloped countries. It is because of this reason that we witness phenomenon such as technology transfer and outsourcing where there is a mutual swapping of resources between the countries to help each other in developing their internal capabilities. Similarly, developed countries, in order to strengthen and create the skilled labor force in the developing countries, offer scholarships and other study options to the students from South to...
2 Pages(500 words)Essay

Entry Strategies and Exporting

...a lot of bureaucratic processes as the documents have to be verified and double checked by authorities in different countries who may not necessarily agree or share interests. In many cases firs are forced to acquire export import licenses which tend to reduce their competitiveness in the new market. Moreover, finding information on foreign markets is unequivocally more complicated than it is in the domestic one, the customer demands as well as market conditions may be radically different in two countries and coming up with comprehensive market data can be a challenge more so for a foreign firm. Information on business practices, cultural barriers and numerous other...
14 Pages(3500 words)Essay

The economy of a specific developing country

... The Kenyan Economy Economic development in most developing countries is characterized by fluctuations in GDP growth rates. Being one of the developing countries in Africa, Kenya has also had a fair share of fluctuating economies, mainly characterized by high population growth rates and increased poverty levels. In this regard, this essay will discuss the Kenyan economy by highlighting various aspects such as GDP trend and factors influencing the current economic trend. To start with, Kenya is strategically placed for economic development in various sectors that constitute the economy. Kenya is located in the eastern part of Africa that is strategic for water transport because of the availability of good harbors that are easily... ...
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Exporting and Importing for a Developing Country for FREE!

Contact Us