Top Answer. For example, in U.S. climate is not favourable for growing mangoes, so they import that fruit from India, where it is majorly available. Importing goods refers to purchasing a service or product from another country for trade. The imported goods are then offered to local customers by the individual or importing firm. October 23, 2010, Harri Daniel, 1 Comment. Ad: Importing gives you many new types of food to choose from. Advantages of Importing: Importing raw materials and goods is one of the paths of increasing the profit margins. What are the Advantages of Imported Food? Asked by Wiki User. Evidently there are various benefits to importing goods, such as low prices vs. high quality, but there are also several benefits related to the international trade. There are several advantages when countries exchange commodity. Do you know the advantages of imported food? Food; Vegetables; Spices & Oils; Home Business Planning & Activities Benefits Of Importing. Dis: Costs a lot of money to ship food (trucks and trains) Food spoils after it is picked or processed. Get your plates and silverware out as we teach you the ways of imported food. Firstly, individuals of that country could relish on the imported fruits or vegetables which are high in nutrients and not grown in certain places. There are number of benefits in importing the goods, such as high quality, low prices, and benefits related to the international trade. Importing food is big business for importers that import everything from rice from india to other types of food all over the country. Often times, importing goods and/or raw materials is one of the ways used to increase the profit margins. Some foods are cheaper if you import them. An importer can have the comparative advantage which means lower prices (Jones, 2006). 8 9 10. Food Safety Modernization Act Demands High-Quality Food . Benefits Of Importing. You need customs bonds when you are importing food into the U.S. As America has become more diverse over the decades, importers are responsible for meeting food cravings by importing food into the U.S. on a daily basis. The Basics of Food Imports. According to the World Trade Organization, the chief advantage to importing products is an increase in market choices. Family farms produce enuf for the family plus a little to sell for a profit. 2015-07-14 19:25:22 2015-07-14 19:25:22 . Answer. With the importation of products, local markets can improve the variety of their offerings, providing consumers with goods that are either not available locally or items that can serve as competition to locally produced goods. Benefits of Importing. Wiki User Answered . What are the advantages of importing food?
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