Foreign trade of led street light suppliers

Foreign trade, also known as the “foreign trade” or “import and export trade, referred to as” foreign trade “refers to a country (region) and another country (region) between the goods, services and technology exchange activities. This trade is composed by two parts of the import and export. Transported goods or services for the country (region) is imports; shipped the goods or services for the country (region), is exported. In the slave society and feudal society and development, to the capitalist society, the more rapid development. Its nature and role of different social systems.

As we all know, Foreign trade of led street light suppliers is a very important part of LED Lighting Products. As we all know, led street light suppliers are mostly located in China, so if people want to buy led street light suppliers, they have to do the foreign trade.

Foreign trade is not only linked the development of commodity production in countries with high and low production level of development of countries and regions through foreign trade, also joined in the field of exchange, as the general equivalent of money into their economic life, increasingly the nature of commodity and exchange value of the products of labor in the country and the nation, the law of value and gradually dominate the production. With the development of commodity circulation in countries become widespread, circulation of commodities around the world as a world currency, the functions of gold and silver grew. Gold and silver to remove monetary general means of its procurement, has also been used as an international payment, the means of international settlement and international credit. With gold, silver, into a world currency, resulting in the possibility of the formation of commodity world prices. Formation of world prices, said the expanded role of the law of value to the world market for national commodity production and exchange conditions to establish a foundation, to promote the development of world production and trade. Of Foreign Trade to participate in the international division of labor, save the labor of society, not only the fullest use of national resources, but also to ensure social reproduction is carried out smoothly, accelerate the realization of the social expanded reproduction.

Trade dependence on foreign trade dependency rate “also known as the” foreign factor “. A country’s trade dependence, the general proportion of foreign trade import and export value in the gross national product or gross domestic product (GDP) to represent. Trade dependency = total external trade / GDP. The proportion of change means that foreign trade in the national economy in which the status change. Trade dependence can also use the proportion of total trade in national income. Trade dependency = total trade / gross national income. Dependence on foreign trade into export dependence and import dependency. Export dependence = total exports / GNP; import dependency = total imports / GNP.