Question

Why are import and export two terms that are often involved in conversations about international trade or channel management? Evaluate why knowing the difference between these terms would be important and analyze the difference between these two terms.

Answer 1

Answer:International trade deals within countries, while channel management is a form of trade that could be within the country or outside but seeking the best form or place for the market

Explanation:

International trade is the situation where two countries do business, either long distance buying(importing) or one is selling(exporting).

While Channel management is a technique for choosing the most efficient channels to sale or market your goods and making good profit or deriving the best result from those channel chosen.

Knowing the difference between the two terms is important so you can understand where best your market is appreciated and where best to avoid selling to.

International trade deals within countries, while channel management is a form of trade that could be within the country or outside but seeking the best form or place for the market