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Consumption

The process in which the substance of a thing is completely destroyed, used up, or incorporated or transformed into

something else. Consumption of goods and services is the amount of them used in a particular time period .

in economics, the use of goods and services by households. Consumption is distinct from consumption expenditure,which is the purchase of goods and services for use by households. Consumption differs from consumptionexpenditure primarily because durable goods, such as automobiles, generate an expenditure mainly in the periodwhen they are purchased, but they generate “consumption services” (for example, an automobile providestransportation services) until they are replaced or scrapped. ( See consumer good .)

Neoclassical (mainstream) economists generally consider consumption to be the final purpose of economic activity,and thus the level of consumption per person is viewed as a central measure of an economy s productive success.

!he study of consumption behaviour plays a central role in both macroeconomics and microeconomics ."acroeconomists are interested in aggregate consumption for two distinct reasons. #irst, aggregate consumptiondetermines aggregate saving , because saving is defined as the portion of income that is not consumed. $ecauseaggregate saving feeds through the financial system to create the national supply of capital, it follows that aggregateconsumption and saving behaviour has a powerful influence on an economy s long%term productive capacity. &econd,since consumption expenditure accounts for most of national output, understanding the dynamics of aggregateconsumption expenditure is essential to understanding macroeconomic fluctuations and the business cycle .

"icroeconomists have studied consumption behaviour for many different reasons, using consumption data tomeasure poverty , to examine households preparedness for retirement, or to test theories o f competition in retailindustries. ' rich variety of household%level data sources (such as the Consumer Expenditure Survey conducted by the

.&. government) allows economists to examine household spending behaviour in minute detail, andmicroeconomists have also utili ed these data to examine interactions between consumption and othermicroeconomic behaviour such as *ob see+ing or educational attainment.

gross private domestic investment (GPDI

he amount of private business capital which is invested in domestic production either through the purchase of fi!ed property or inventory . These e!penditures account for appro!imately "#$ to "%$ of the gross domestic product (GDP in the &'.

ead more) http)**www.businessdictionary.com*definition*gross+private+domestic+investment+GPDI.html i!-- /'Py#cD0

export:An export is a function of i nternational trade whereby g oods produced in one country a re shipped to another country forfuture sa le or trade. The sale of such goods a dds t o the producing nation's g ross o utput. If used for trade, exports a reexchanged for ot her products o r services. Exports a re one of the oldest forms o f economic t ransfer, and occur on a l argescale b etween n ations t hat have f ewer restrictions o n t rade, such as tariffs or subsidies .

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usinessdictionary.com/definition/gross-private-domestic-investment-GPDI.html#ixzz46SPy5cDWhttp://www.investopedia.com/terms/t/tariff.asphttp://www.investopedia.com/terms/s/subsidy.asphttp://www.businessdictionary.com/definition/process.html

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Read more: Export Denition | Investopedia http://www.investopedia.com/terms/e/export.asp#ixzz46SRenVlK Follow us: Investopedia on Facebook

To send goods or services across national borders for the purpose of selling and reali-ing foreign e!change . 'ee also e!ports . To be contrasted with imports

ead more) http)**www.businessdictionary.com*definition*e!port.html i!-- /' t#b1#

!he term export means shipping in the goods and services out of the *urisdiction of a country. !he seller of such goods and services is

referred to as an exporter and is based in the country of export whereas the overseas based buyer is referred to as an importer .-n international trade , exports refers to selling goods and services produced in the home country to other mar+ets. /0

1xport of commercial 2uantities of goods normally re2uires involvement of the customs authorities in both the country of export and the

country of import. !he advent of small trades over the internet such as through 'ma on and e$ay have largely bypassed the involvement of

Customs in many countries because of the low individual values of these trades. citation needed 0 Nonetheless, these small exports are still sub*ect to

legal restrictions applied by the country of export. 'n export3s counterpart is an import .

History edit 0For more details on this topic, see History of international trade .

!he theory of international trade and commercial policy is one of the oldest branches of economic thought. 1xporting is a ma*or component

of international trade, and the macroeconomic ris+s and benefits of exporting are regularly discussed and disputed by economists andothers. !wo views concerning international trade present different perspectives. !he first recogni es the benefits of international trade. !he

second concerns itself with the possibility that certain domestic industries (or laborers, or culture) could be harmed by foreign competition.

Process edit 0"ethods of export include a product or good or information being mailed, hand%delivered, shipped by air, shipped by vessel, uploaded to an

internet site, or downloaded from an internet site. 1xports also include the distribution of information that can be sent in the form of an email,

an email attachment, a fax or can be shared during a telephone conversation.

National regulations edit 0

United States edit 0!he export of defense%related articles and services on the nited &tates "unitions 4ist ( &"4 ) is governed by the 5epartment of

&tate under the -nternational !raffic in 'rms 6egulations (-!'6 ). !he $ureau of -ndustry and &ecurity ($-&) is responsible for implementing

and enforcing the Code of #ederal 6egulations !itle /7 chapter 8--, subchapter C, also +nown as Export Administration Regulations (1'6),

in the nited &tates. !he $-& regulates the export and reexport of most commercial items. &ome commodities re2uire a license in order to

export. !here are different re2uirements to export lawfully depending on the product or service being exported. 5epending on the

category 90 the 3item3 falls under, the company may need to obtain a license prior to exporting. 1'6 restrictions can vary from country to

country. !he most restricted destinations are countries under economic embargoes or designated as supporting terrorist activities,

including Cuba , North :orea , &udan , &yria and -ran (see: Sanctions against Iran ). &ome products have received worldwide restrictions

prohibiting exports. -f any items would support a proliferation activity, such as nuclear, chemical;biological, or missile proliferation activities in

a country of concern, a license would be re2uired. > of the 1xport 'dministration 6egulations spells out the specific regulations

related to end%user and end%use controls. !here are many prohibited end users. &ee the consolidated .&. ?overnment screening list,

including proscribed parties from the 5epartments of &tate and !reasury as well as Commerce, at /0

'n item is considered an export whether or not it is leaving the nited &tates temporarily, if it is leaving the nited &tate but is not for sale (a

gift), or if it is going to a wholly owned .&. subsidiary in a foreign country. ' foreign%origin item exported from the nited &tates, transmitted

or transhipped through the nited &tates, or being returned from the nited &tates to its foreign country of origin is considered an export.@0 Aow an item is transported outside of the nited &tates does not matter in determining export license re2uirements . 6efer to .&. Census

5ata for data on exports by industry for 9B/@.

Canada edit0

http://www.investopedia.com/terms/e/export.asp#ixzz46SRenVlKhttp://www.investopedia.com/terms/e/export.asp#ixzz46SRenVlKhttp://www.investopedia.com/terms/e/export.asp#ixzz46SRenVlKhttp://www.investopedia.com/terms/e/export.asp#ixzz46SRenVlKhttp://www.investopedia.com/terms/e/export.asp#ixzz46SRenVlKhttp://ec.tynt.com/b/rf?id=arwjQmCEqr4l6Cadbi-bnq&u=Investopediahttp://ec.tynt.com/b/rf?id=arwjQmCEqr4l6Cadbi-bnq&u=Investopediahttp://www.businessdictionary.com/definition/goods.htmlhttp://www.businessdictionary.com/definition/goods.htmlhttp://www.businessdictionary.com/definition/goods.htmlhttp://www.businessdictionary.com/definition/services.htmlhttp://www.businessdictionary.com/definition/services.htmlhttp://www.businessdictionary.com/definition/seller.htmlhttp://www.businessdictionary.com/definition/seller.htmlhttp://www.businessdictionary.com/definition/seller.htmlhttp://www.businessdictionary.com/definition/foreign-exchange-Forex-or-FX.htmlhttp://www.businessdictionary.com/definition/foreign-exchange-Forex-or-FX.htmlhttp://www.businessdictionary.com/definition/exports.htmlhttp://www.businessdictionary.com/definition/exports.htmlhttp://www.businessdictionary.com/definition/exports.htmlhttp://www.businessdictionary.com/definition/imports.htmlhttp://www.businessdictionary.com/definition/imports.htmlhttp://www.businessdictionary.com/definition/export.html#ixzz46SRt5bq5http://www.businessdictionary.com/definition/export.html#ixzz46SRt5bq5https://en.wikipedia.org/wiki/International_tradehttps://en.wikipedia.org/wiki/International_tradehttps://en.wikipedia.org/wiki/International_tradehttps://en.wikipedia.org/wiki/Export#cite_note-1https://en.wikipedia.org/wiki/Amazon.comhttps://en.wikipedia.org/wiki/Amazon.comhttps://en.wikipedia.org/wiki/Amazon.comhttps://en.wikipedia.org/wiki/EBayhttps://en.wikipedia.org/wiki/EBayhttps://en.wikipedia.org/wiki/EBayhttps://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttps://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttps://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttps://en.wikipedia.org/wiki/Importhttps://en.wikipedia.org/wiki/Importhttps://en.wikipedia.org/w/index.php?title=Export&action=edit&section=1https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=1https://en.wikipedia.org/wiki/History_of_international_tradehttps://en.wikipedia.org/wiki/History_of_international_tradehttps://en.wikipedia.org/w/index.php?title=Export&action=edit&section=2https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=3https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=4https://en.wikipedia.org/wiki/United_States_Munitions_Listhttps://en.wikipedia.org/wiki/United_States_Munitions_Listhttps://en.wikipedia.org/wiki/United_States_Munitions_Listhttps://en.wikipedia.org/wiki/USMLhttps://en.wikipedia.org/wiki/USMLhttps://en.wikipedia.org/wiki/United_States_Department_of_Statehttps://en.wikipedia.org/wiki/United_States_Department_of_Statehttps://en.wikipedia.org/wiki/United_States_Department_of_Statehttps://en.wikipedia.org/wiki/United_States_Department_of_Statehttps://en.wikipedia.org/wiki/International_Traffic_in_Arms_Regulationshttps://en.wikipedia.org/wiki/International_Traffic_in_Arms_Regulationshttps://en.wikipedia.org/wiki/ITARhttps://en.wikipedia.org/wiki/ITARhttps://en.wikipedia.org/wiki/Bureau_of_Industry_and_Securityhttps://en.wikipedia.org/wiki/Bureau_of_Industry_and_Securityhttps://en.wikipedia.org/wiki/Bureau_of_Industry_and_Securityhttps://en.wikipedia.org/wiki/Code_of_Federal_Regulationshttps://en.wikipedia.org/wiki/Code_of_Federal_Regulationshttps://en.wikipedia.org/wiki/Code_of_Federal_Regulationshttps://en.wikipedia.org/wiki/Export#cite_note-2https://en.wikipedia.org/wiki/Export#cite_note-2https://en.wikipedia.org/wiki/Cubahttps://en.wikipedia.org/wiki/Cubahttps://en.wikipedia.org/wiki/North_Koreahttps://en.wikipedia.org/wiki/North_Koreahttps://en.wikipedia.org/wiki/Sudanhttps://en.wikipedia.org/wiki/Sudanhttps://en.wikipedia.org/wiki/Sudanhttps://en.wikipedia.org/wiki/Syriahttps://en.wikipedia.org/wiki/Syriahttps://en.wikipedia.org/wiki/Syriahttps://en.wikipedia.org/wiki/Iranhttps://en.wikipedia.org/wiki/Iranhttps://en.wikipedia.org/wiki/Iranhttps://en.wikipedia.org/wiki/Sanctions_against_Iranhttps://en.wikipedia.org/wiki/Sanctions_against_Iranhttps://en.wikipedia.org/wiki/Sanctions_against_Iranhttp://export.gov/ecr/eg_main_023148.asphttp://export.gov/ecr/eg_main_023148.asphttps://en.wikipedia.org/wiki/Transhippedhttps://en.wikipedia.org/wiki/Export#cite_note-commodity-3https://en.wikipedia.org/w/index.php?title=Export_license_requirements&action=edit&redlink=1https://en.wikipedia.org/w/index.php?title=Export_license_requirements&action=edit&redlink=1https://en.wikipedia.org/w/index.php?title=Export_license_requirements&action=edit&redlink=1http://www.census.gov/foreign-trade/Press-Release/2013pr/aip/related_partyhttp://www.census.gov/foreign-trade/Press-Release/2013pr/aip/related_partyhttp://www.census.gov/foreign-trade/Press-Release/2013pr/aip/related_partyhttps://en.wikipedia.org/w/index.php?title=Export&action=edit&section=5http://www.investopedia.com/terms/e/export.asp#ixzz46SRenVlKhttp://www.investopedia.com/terms/e/export.asp#ixzz46SRenVlKhttp://ec.tynt.com/b/rf?id=arwjQmCEqr4l6Cadbi-bnq&u=Investopediahttp://www.businessdictionary.com/definition/goods.htmlhttp://www.businessdictionary.com/definition/services.htmlhttp://www.businessdictionary.com/definition/seller.htmlhttp://www.businessdictionary.com/definition/foreign-exchange-Forex-or-FX.htmlhttp://www.businessdictionary.com/definition/exports.htmlhttp://www.businessdictionary.com/definition/imports.htmlhttp://www.businessdictionary.com/definition/export.html#ixzz46SRt5bq5https://en.wikipedia.org/wiki/International_tradehttps://en.wikipedia.org/wiki/Export#cite_note-1https://en.wikipedia.org/wiki/Amazon.comhttps://en.wikipedia.org/wiki/EBayhttps://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttps://en.wikipedia.org/wiki/Importhttps://en.wikipedia.org/w/index.php?title=Export&action=edit&section=1https://en.wikipedia.org/wiki/History_of_international_tradehttps://en.wikipedia.org/w/index.php?title=Export&action=edit&section=2https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=3https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=4https://en.wikipedia.org/wiki/United_States_Munitions_Listhttps://en.wikipedia.org/wiki/USMLhttps://en.wikipedia.org/wiki/United_States_Department_of_Statehttps://en.wikipedia.org/wiki/United_States_Department_of_Statehttps://en.wikipedia.org/wiki/International_Traffic_in_Arms_Regulationshttps://en.wikipedia.org/wiki/ITARhttps://en.wikipedia.org/wiki/Bureau_of_Industry_and_Securityhttps://en.wikipedia.org/wiki/Code_of_Federal_Regulationshttps://en.wikipedia.org/wiki/Export#cite_note-2https://en.wikipedia.org/wiki/Cubahttps://en.wikipedia.org/wiki/North_Koreahttps://en.wikipedia.org/wiki/Sudanhttps://en.wikipedia.org/wiki/Syriahttps://en.wikipedia.org/wiki/Iranhttps://en.wikipedia.org/wiki/Sanctions_against_Iranhttp://export.gov/ecr/eg_main_023148.asphttps://en.wikipedia.org/wiki/Transhippedhttps://en.wikipedia.org/wiki/Export#cite_note-commodity-3https://en.wikipedia.org/w/index.php?title=Export_license_requirements&action=edit&redlink=1http://www.census.gov/foreign-trade/Press-Release/2013pr/aip/related_partyhttp://www.census.gov/foreign-trade/Press-Release/2013pr/aip/related_partyhttps://en.wikipedia.org/w/index.php?title=Export&action=edit&section=5

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Canadian 1xport and -mport Controls $ureau (1-C$)

India edit 0!he import or export of any foreign products in -ndia are regulated under the #oreign !rade (5evelopment and 6egulation) 'ct. nder this

act the Central government of -ndia can ma+e the provisions for development and also regulates the foreign trade. 'lso the Central

government can prohibit, restrict and regulates the export activities. nder this act every importer or exporter must obtain an -mporter

1xporter Code number 3-1C3 code number from 5irector of ?eneral of #oreign !rade. >0

Bangladesh edit01xport

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!o subsidi e an industry or company refers to, in this instance, a governmental providing supplemental financial support to manipulate the

price below mar+et value. &ubsidies are generally used for failing industries that need a boost in domestic spending. &ubsidi ing encourages

greater demand for a good or service because of the slashed price. !he effect of subsidies deters other countries that are able to produce a

specific product or service at a faster, cheaper, and more productive rate. Dith the lowered price, these efficient producers cannot compete.

!he life of a subsidy is generally short%lived, but sometimes can be implemented on a more permanent basis.

!he agricultural industry is subsidi ed in countries such as the nited &tates, Iapan, and many nations located in the 1uropean nion (1 ).

Critics argue such subsidies cost developing nations J9> billion annually in lost income, according to a study by the -nternational #ood L 5evelop export strategy to enter the selected above target mar+et;s (that will include such considerations li+e transport,

partnership, +ey distribution channels, pricing, volumes, advertising, etc.).

8essel at Container !erminal 'ltenwerder (Aamburg)

Overvie edit0Advantages of exporting edit 0

wnership advantages are the firm3s specific assets , international experience, and the ability to develop either low%cost or differentiated

products within the contacts of its value chain . !he locational advantages of a particular mar+et are a combination of mar+et

https://en.wikipedia.org/wiki/European_Unionhttps://en.wikipedia.org/wiki/European_Unionhttps://en.wikipedia.org/wiki/European_Unionhttps://en.wikipedia.org/wiki/Export#cite_note-agriculture-8https://en.wikipedia.org/wiki/Export#cite_note-agriculture-8https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=13https://en.wikipedia.org/wiki/Comparative_advantagehttps://en.wikipedia.org/wiki/Comparative_advantagehttps://en.wikipedia.org/wiki/Comparative_advantagehttps://en.wikipedia.org/wiki/David_Ricardohttps://en.wikipedia.org/wiki/Export#cite_note-9https://en.wikipedia.org/wiki/Export#cite_note-9https://en.wikipedia.org/wiki/Export#cite_note-free-10https://en.wikipedia.org/wiki/Export#cite_note-free-10https://en.wikipedia.org/wiki/James_Millhttps://en.wikipedia.org/wiki/James_Millhttps://en.wikipedia.org/wiki/Robert_Torrenshttps://en.wikipedia.org/wiki/Robert_Torrenshttps://en.wikipedia.org/wiki/Robert_Torrenshttps://en.wikipedia.org/wiki/Mercantilismhttps://en.wikipedia.org/wiki/Mercantilismhttps://en.wikipedia.org/wiki/Mercantilismhttps://en.wikipedia.org/wiki/Balance_of_tradehttps://en.wikipedia.org/wiki/Balance_of_tradehttps://en.wikipedia.org/wiki/Market_manipulationhttps://en.wikipedia.org/wiki/Market_manipulationhttps://en.wikipedia.org/wiki/Export#cite_note-free-10https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=14https://en.wikipedia.org/wiki/Export#cite_note-11https://en.wikipedia.org/wiki/Export#cite_note-11https://en.wikipedia.org/wiki/Export#cite_note-12https://en.wikipedia.org/wiki/Export#cite_note-12https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=15https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=16https://en.wikipedia.org/wiki/Assethttps://en.wikipedia.org/wiki/Assethttps://en.wikipedia.org/wiki/Porter_generic_strategies#Cost_Leadership_Strategyhttps://en.wikipedia.org/wiki/Porter_generic_strategies#Cost_Leadership_Strategyhttps://en.wikipedia.org/wiki/Porter_generic_strategies#Differentiation_Strategyhttps://en.wikipedia.org/wiki/Porter_generic_strategies#Differentiation_Strategyhttps://en.wikipedia.org/wiki/Porter_generic_strategies#Differentiation_Strategyhttps://en.wikipedia.org/wiki/Porter_generic_strategies#Differentiation_Strategyhttps://en.wikipedia.org/wiki/Value_chainhttps://en.wikipedia.org/wiki/Value_chainhttps://en.wikipedia.org/wiki/Gap_analysis#Market_potentialhttps://en.wikipedia.org/wiki/Gap_analysis#Market_potentialhttps://en.wikipedia.org/wiki/European_Unionhttps://en.wikipedia.org/wiki/Export#cite_note-agriculture-8https://en.wikipedia.org/wiki/Export#cite_note-agriculture-8https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=13https://en.wikipedia.org/wiki/Comparative_advantagehttps://en.wikipedia.org/wiki/David_Ricardohttps://en.wikipedia.org/wiki/Export#cite_note-9https://en.wikipedia.org/wiki/Export#cite_note-free-10https://en.wikipedia.org/wiki/James_Millhttps://en.wikipedia.org/wiki/Robert_Torrenshttps://en.wikipedia.org/wiki/Mercantilismhttps://en.wikipedia.org/wiki/Balance_of_tradehttps://en.wikipedia.org/wiki/Market_manipulationhttps://en.wikipedia.org/wiki/Export#cite_note-free-10https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=14https://en.wikipedia.org/wiki/Export#cite_note-11https://en.wikipedia.org/wiki/Export#cite_note-12https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=15https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=16https://en.wikipedia.org/wiki/Assethttps://en.wikipedia.org/wiki/Porter_generic_strategies#Cost_Leadership_Strategyhttps://en.wikipedia.org/wiki/Porter_generic_strategies#Differentiation_Strategyhttps://en.wikipedia.org/wiki/Porter_generic_strategies#Differentiation_Strategyhttps://en.wikipedia.org/wiki/Value_chainhttps://en.wikipedia.org/wiki/Gap_analysis#Market_potential

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• -ts current product mix.

• -ts facilities and e2uipment.

• -ts mar+eting polices.

• -ts customer profit.

• -ts promotional strategy.

• -ts policy against the abstract data protocols.

!irect selling through foreign retailers and end users edit01xporters can also sell directly to foreign retailers . sually, products are limited to consumer linesM it can also sell to direct end users. ' good

way to generate such sales is by printing catalogs or attending trade shows.

!irect selling over the Internet

1lectronic commerce is an important mean to small and big companies all over the world, to trade internationally. De already can see how

important 1%commerce is for mar+eting growth among exporters companies in emerging economies, in order to overcome capital andinfrastructure barriers.

1%commerce eased engagements, provided faster and cheaper delivery of information, generates 2uic+ feedbac+ on new products,

improves customer service, accesses a global audience, levels the field of companies, and support electronics data interchange with

suppliers and customers .

Indirect selling edit 0-ndirect exports, is simply selling goods to or through an independent domestic intermediary in their own home county. !hen intermediaries

export the products to customers foreign mar+ets.

#a$ing the export decision

nce a company determines it has exportable products, it must still consider other factors, such as the followingL

• Dhat does the company want to gain from exporting

• -s exporting consistent with other company goals

• Dhat demands will exporting place on the company3s +ey resources % management and personnel, production capacity, and

finance % and how will these demands be met

• 're the expected benefits worth the costs, or would company resources be better used for developing new domestic business

Transfer payment#rom Di+ipedia, the free encyclopedia

Money given by the government to its citizens. E xamples include Social Security , unemployment compensation, welfare , and disability payments

Read more: http://www.investorwords.com/5050/transfer_payments.html#ixzz46ST1Z4b5

-n economics , a transfer pay%ent (or govern%ent transfer or simply transfer ) is a redistribution ofincome in the market system . !hese payments are considered to be non%exhaustive because they donot directly absorb resources or create output . -n other words, the transfer is made without any

https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=21https://en.wikipedia.org/wiki/Retailinghttps://en.wikipedia.org/wiki/Retailinghttps://en.wikipedia.org/wiki/Electronic_commercehttps://en.wikipedia.org/wiki/Electronic_commercehttps://en.wikipedia.org/wiki/Electronic_commercehttps://en.wikipedia.org/wiki/Customerhttps://en.wikipedia.org/wiki/Customerhttps://en.wikipedia.org/wiki/Customerhttps://en.wikipedia.org/wiki/Customershttps://en.wikipedia.org/wiki/Customershttps://en.wikipedia.org/w/index.php?title=Export&action=edit&section=22https://en.wikipedia.org/wiki/Intermediaryhttp://www.investorwords.com/3100/money.htmlhttp://www.investorwords.com/3100/money.htmlhttp://www.investorwords.com/16458/government.htmlhttp://www.investorwords.com/16458/government.htmlhttp://www.investorwords.com/9996/include.htmlhttp://www.investorwords.com/9996/include.htmlhttp://www.investorwords.com/9996/include.htmlhttp://www.investorwords.com/4617/Social_Security.htmlhttp://www.investorwords.com/5838/unemployment.htmlhttp://www.investorwords.com/5838/unemployment.htmlhttp://www.investorwords.com/17822/welfare.htmlhttp://www.investorwords.com/17822/welfare.htmlhttp://www.investorwords.com/1460/disability.htmlhttp://www.investorwords.com/1460/disability.htmlhttp://www.investorwords.com/1460/disability.htmlhttp://www.investorwords.com/3634/payment.htmlhttp://www.investorwords.com/5050/transfer_payments.html#ixzz46ST1Z4b5http://www.investorwords.com/5050/transfer_payments.html#ixzz46ST1Z4b5https://en.wikipedia.org/wiki/Economicshttps://en.wikipedia.org/wiki/Redistribution_of_incomehttps://en.wikipedia.org/wiki/Redistribution_of_incomehttps://en.wikipedia.org/wiki/Market_systemhttps://en.wikipedia.org/wiki/Market_systemhttps://en.wikipedia.org/wiki/Market_systemhttps://en.wikipedia.org/wiki/Factors_of_productionhttps://en.wikipedia.org/wiki/Factors_of_productionhttps://en.wikipedia.org/wiki/Output_(economics)https://en.wikipedia.org/w/index.php?title=Export&action=edit&section=21https://en.wikipedia.org/wiki/Retailinghttps://en.wikipedia.org/wiki/Electronic_commercehttps://en.wikipedia.org/wiki/Electronic_commercehttps://en.wikipedia.org/wiki/Customerhttps://en.wikipedia.org/wiki/Customershttps://en.wikipedia.org/w/index.php?title=Export&action=edit&section=22https://en.wikipedia.org/wiki/Intermediaryhttp://www.investorwords.com/3100/money.htmlhttp://www.investorwords.com/16458/government.htmlhttp://www.investorwords.com/9996/include.htmlhttp://www.investorwords.com/4617/Social_Security.htmlhttp://www.investorwords.com/5838/unemployment.htmlhttp://www.investorwords.com/17822/welfare.htmlhttp://www.investorwords.com/1460/disability.htmlhttp://www.investorwords.com/3634/payment.htmlhttp://www.investorwords.com/5050/transfer_payments.html#ixzz46ST1Z4b5https://en.wikipedia.org/wiki/Economicshttps://en.wikipedia.org/wiki/Redistribution_of_incomehttps://en.wikipedia.org/wiki/Redistribution_of_incomehttps://en.wikipedia.org/wiki/Market_systemhttps://en.wikipedia.org/wiki/Factors_of_productionhttps://en.wikipedia.org/wiki/Output_(economics)

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exchange of goods or services. [1] 1xamples of certain transfer payments include welfare (financialaid) , social security , and government ma+ing subsidies for certain businesses (firms).

se for administrativeL -n some federal systems the term can also be used to refer to payments fromone order of a government to anotherM for example in Canada , transfer payments usually refer to asystem of payments from the federal government to the provinces . "a*or Canadian transferpayments include equalization payments , the Canada Health ransfer and the Canada !ocial

ransfer (formerly the Canada Health and !ocial ransfer ) and erritorial "ormula "inancin# . !ransferpayments are not a part of the national income so they are cut from national income to get n.n.p inorder to arrive national income such payments are bad debts incurred by ban+s, payments ofpensions, charity, scholarships etc. -n the : they have several transfer payments such as 1"' anda *ob see+er3s allowance.

govern%ent consu%ption and invest%ent purchases in gdpGovernment purchases ar e e xpenditures m ade in the private sector by al l levels of government, such as w hen a governmententity co ntracts a co nstruction company to b uild office sp ace o r pave h ighways

Read more: Government P urchases D enition |Investopedia http://www.investopedia.com/terms/g/governmentpurchases.asp#ixzz46SUX8vgG Follow us: Investopedia on FacebookDhat is an example of a government purchase$%"&'& & ' of Government Purchases %*penditures made in the private sector by all levels of government + such as whena government entity contracts a construction company to build office space or pave hi#hways

Dhat are the types of government expenditureGOVERNMENT EXPENDITURES , !pendin# by the government sector includin# both the purchase of final #oods andservices+ or #ross domestic product+ and transfer payments- Government e pen!itures are used by the government sector toundertake key functions+ such as national defense and education-

Dhy transfer payments are not included in ?5