Regarding International Trade Export and Import

Indonesia currently exports surge. Especially, after the world summit day expo in China. Stand crowded Indonesian products. Apparently, they were interested in Indonesia. Products Indonesia have originality. For example, batik, Angklung, and so on. Indonesia is now ranked 16 of the world economy. It is an achievement that ciamik because Indonesia appreciated the international economy. Let us discuss about the international trade in exports and imports!

Dispel Imports
Not naive if any country wants to increase exports and make imports minimal. Thus the era of mercantilism noted. Still memorized slogans 3G (Gold, Gospel, and Glory)? Well, now some steps to make minimal imports are as follows.

- Quotas. Restrictions by the government on a number of units or the total value of certain products that may be imported.
- Discrimination policy purchase. Form of government rules and administrative regulations that discriminate against foreign suppliers.
- Procedure of import duty (custom procedure). Caused by differences in product classification and determining the value of commodities in different countries.
- Exchange rate policy of discrimination. For example, China makes the yuan as a weak currency, making Chinese products become more competitive than foreign products.
- Restriction administrative and technical regulations. Anti-dumping rules, regulation size, and content of raw materials. Including, safety and health. Another example is the alliance of nations to form a single market. For example, EU, AFTA, and others.

Export
Well, now we discuss about the export. Become exporters is not easy because it takes foresight to see the market wants. Diverse international markets makes exporters must implement adaptation strategies. Especially, if not worldwide brand products. Here are some ways to get into the global marketplace.

- Licensing. Contractual agreements when a company (licensor) to make legally protected assets that could be available for another company (licensee) to provide or pay royalties, license fees, or other forms of compensation. For example, Disney, Coca Cola, and caterpillar.

- Foreign direct marketing (FDI). The flow of investment out of the country of origin, such as companies invest or hold a plant, equipment, and various assets in other countries. The company produces, sells, and compete locally. Form of FDI is a joint venture, equity stakes, acquisition, minority or majority stake, and others.

- Franchising. Is a contract when the parent company (franchisor) gives permission of other companies (franchisees) to operate a business that was developed by the franchisor to pay a certain fee. For example, McDonalds, Body Shop, and 7 Eleven.