REPUBLIC OF THE PHILIPPINES

TECHNOLOGICAL UNIVERSITY OF THE PHILIPPINES

PROFESSIONAL INDUSTRIAL EDUCATION
DEPARTMENT
MANILA

Name Marano Clifford R Date: 13/0321

Section/Year BSIE - ICT - 3A

In economy those consumer used to see products from Different country in groceries, store and
shops these products or imports provide more choice to consumer. Because they are usually
manufactured cheap than any domestic produced imports and guide consumers manage their
Product budgets.

There are so many products coming into any country in to its exports which are product
shipped from any country to a urban destination it can distort nation’s  trade and value its
currency. The country's currency can have an impact on the life of a country's economy
because of the value of a currency are one of the biggest determination of a nation’s
performance to the domestic product. To maintain the balance of importing products and
exports is crucial for a country. The importing and exporting activity of a country can influence a
country's GDP, its exchange rate, and its level of inflation and interest rates.

A healthy economy is one where both exports and imports are experiencing growth. This
typically indicates economic strength and a sustainable trade. If exports are growing, but
imports have declined significantly, it may indicate that foreign economies are in better shape
than the domestic economy. Conversely, if exports fall sharply but imports surge, this may
indicate that the domestic economy is better than overseas markets.