Export promotion

Export promotion
Definition: The government attempts to stimulate exports by giving incentives to exporting firms.
Related glossary term: ...

EXPORT PROMOTION
Public or private sector support for foreign sales through such activities as trade missions and trade fairs, based on available market information and analysis.

[edit] Export promotion
[edit] In the U.S.
The U.S. Department of Commerce provides U.S. companies the opportunity to promote their products and services free of charge.

EXPORT PROMOTION: A strategy for economic development for a country based on encouraging domestic producers to export production or foreign nations to purchase exported goods.

Export Promotion
Export promotion refers to the collective programs a nation has to help companies sell products abroad.

A policy of export promotion generally has the side effect of stimulating imports as well. Today the term is more commonly used for policies used by developed countries intended to assist developing countries in exporting to them.

- Specialized help for export promotion: the International Trade Center assists developing countries in formulating and implementing export promotion programmes as well as import operations and techniques.

Export credits combining concessional and market-rate financing, extended as an export promotion mechanism.

government-to-government lobbying or export promotion) or illicit (e.g., bribery or deceptive trade practices), and some are subject to multilateral agreements (e.g. tied aid or concessional trade finance).

Grossman, Gene. 'Strategic Export Promotion: A Critique.' In Paul Krugman, ed., Strategic Trade Policy and the New International Economics. Cambridge: MIT Press, 1986.

Government's most comprehensive source of international trade data and export promotion information.

(USA) An electronic data base which contains international economic and export promotion information supplied by 15 U.S. governmental agencies.
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OAA achieves its objectives through a variety of programs, ranging from market access and other trade policy initiatives, market analysis, and business counseling, to selective export promotion initiatives.

See also: Tariff, Barriers, Free trade, Tariffs, GATT