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Topic: Export Promotion in Agriculture
Content: Meaning of export promotion; (ii) Encouraging sale of Nigerian produce in other countries
Sub-topic 1: Meaning of export and export promotion
Export: is the selling of goods and services across the national boundaries of other countries. A person or country that does this is an Exporter.
Export promotion: is a set of activities that brings about increase in the sale of agricultural produce to other nations. It also refers to encouraging the sale of nation’s produce in other countries. Goods which are exported include agricultural produce, minerals, manufactured products, electronics, books, machines, vehicles, computer software etc.
TYPE OF TRADE
International
Domestic Trades
International (External) Trade is the buying, selling and exchange of goods and services between two or more countries. The bases of International Trade are exchange and specialization.
Domestic (Internal) Trade is the exchange, buying and selling of goods and services within a given state.
The activities that constitute export promotion include:
Other information contained are the importance of export promotion and produces that are largely exported
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