1,355
24
Essay, 1 pages (250 words)

Import-export imbalance in philippines

Import-Export Imbalance: 1.- The negative trade is heavy and only counterbalanced by the service account surplus. 2.- Over the last two decades, Philippine exports have shifted from commodity-based products to manufactured goods. 3.- In the midst of the current global economic recession, the exports of electronics, garments and textiles are yet to reach a level of import neutralization. 4.- We can solve it by apply a tax directly to consumer and every one confront the problem in their money and not in the check in to the country. 5.- We need to improve more moral consumer philosophy. 6.- We need to improve more native industry. 7.- We need to improve more native export. 8.- We need to improve more cooperatives applications to best micro economy. 9.- We need to improve more citizen empowerment by Personal Monetary emitting. 10.- We need to improve more popular access to micro credits.

This is a problem long time ago the imbalance of import-export products due to the industrialized neighboring countries, Philippine has nothing to do to compete them because of their low cost labors and raw materials. Agricultural products and aqua cultured products are the possible advantages of Philippine in terms export because of the country’s vast water premises. also human resource for foreign employment. What we need is control the importation and only import product that is really necessary and products that we do not have. Exportation is one of the key in helping our economy and we must export all Philippine products and we need to make changes on the rate charges to invite more Philippine exporter and business owner to do export business.

Thank's for Your Vote!
Import-export imbalance in philippines. Page 1
Import-export imbalance in philippines. Page 2

This work, titled "Import-export imbalance in philippines" was written and willingly shared by a fellow student. This sample can be utilized as a research and reference resource to aid in the writing of your own work. Any use of the work that does not include an appropriate citation is banned.

If you are the owner of this work and don’t want it to be published on AssignBuster, request its removal.

Request Removal
Cite this Essay

References

AssignBuster. (2022) 'Import-export imbalance in philippines'. 7 January.

Reference

AssignBuster. (2022, January 7). Import-export imbalance in philippines. Retrieved from https://assignbuster.com/import-export-imbalance-in-philippines/

References

AssignBuster. 2022. "Import-export imbalance in philippines." January 7, 2022. https://assignbuster.com/import-export-imbalance-in-philippines/.

1. AssignBuster. "Import-export imbalance in philippines." January 7, 2022. https://assignbuster.com/import-export-imbalance-in-philippines/.


Bibliography


AssignBuster. "Import-export imbalance in philippines." January 7, 2022. https://assignbuster.com/import-export-imbalance-in-philippines/.

Work Cited

"Import-export imbalance in philippines." AssignBuster, 7 Jan. 2022, assignbuster.com/import-export-imbalance-in-philippines/.

Get in Touch

Please, let us know if you have any ideas on improving Import-export imbalance in philippines, or our service. We will be happy to hear what you think: [email protected]