Export

The term export means shipping the goods and services out of the port of a country. The 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". In international trade, "exports" refers to selling goods and services produced in the home country to other markets.

Export of commercial quantities of goods normally requires involvement of the customs authorities in both the country of export and the country of import. The advent of small trades over the internet such as through Amazon and eBay have largely bypassed the involvement of Customs in many countries because of the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export. An export's counterpart is an import.

History

The theory of international trade and commercial policy is one of the oldest branches of economic thought. Exporting is a major component of international trade, and the macroeconomic risks and benefits of exporting are regularly discussed and disputed by economists and others. Two views concerning international trade present different perspectives. The first recognizes the benefits of international trade. The second concerns itself with the possibility that certain domestic industries (or laborers, or culture) could be harmed by foreign competition.

Congo

The term Congo may refer to two countries that border the Congo river:

The name may also refer to:

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Democratic Republic of the Congo

Coordinates: 2°52′48″S 23°39′22″E / 2.88°S 23.656°E / -2.88; 23.656

The Democratic Republic of the Congo (/ˈkɒŋɡoʊ/; French pronunciation: ​[kɔ̃ɡo]; French: République démocratique du Congo), also known as DR Congo, DRC, DROC, RDC, Congo-Kinshasa, or simply Congo is a country located in Central Africa. From 1971 to 1997 it was named Zaïre. The DRC borders the Republic of the Congo, the Central African Republic, and South Sudan to the north; Uganda, Rwanda, Burundi and Tanzania to the east; Zambia and Angola to the south; and the Atlantic Ocean to the west. It is the second largest country in Africa by area, the largest in Subsaharan Africa, and the eleventh largest in the world. With a population of over 75 million, the Democratic Republic of the Congo is the most populated officially Francophone country, the fourth most populated nation in Africa and the nineteenth most populated country in the world.

The Congolese Civil Wars, which began in 1996, brought about the end of Mobutu Sese Seko's 31-year reign and devastated the country. The wars ultimately involved nine African nations, multiple groups of UN peacekeepers and twenty armed groups, and resulted in the deaths of 5.4 million people.

Democratic republic

A democratic republic is, strictly speaking, a country that is both a republic and a democracy. It is one where ultimate authority and power is derived from the citizens, and the government itself is run through elected officials.

However, in recent practice, countries that have described themselves as democratic republics have not always held free or fair elections. Two examples of this were the German Democratic Republic and the Democratic Republic of Vietnam, communist states commonly known as East Germany and North Vietnam. Another is the Democratic Republic of the Congo which in 2011 was rated by Freedom House as a "not free" country, having a rating of 6.0 (1.0 being completely free and 7.0 being completely unfree). Also, the 'Democratic People's Republic of Korea', commonly known as North Korea, is rated the least democratic in the world, run by a dictator. A republic is a state in which the supreme power rests in the body of citizens entitled to vote.

Current countries self-described as democratic republics

Republic of the Congo

Coordinates: 1°26′24″S 15°33′22″E / 1.44°S 15.556°E / -1.44; 15.556

The Republic of the Congo (French: République du Congo), also known as Congo, Congo Republic,West Congo, or Congo-Brazzaville, is a country located in Central Africa. It is bordered by five countries: Gabon to the west; Cameroon to the northwest; the Central African Republic to the northeast; the Democratic Republic of the Congo to the east and south; and the Angolan exclave of Cabinda to the southwest.

The region was dominated by Bantu-speaking tribes, who built trade links leading into the Congo River basin. Congo-Brazzaville was formerly part of the French colony of Equatorial Africa. Upon independence in 1960, the former colony of French Congo became the Republic of the Congo. The People's Republic of the Congo was a Marxist–Leninist one-party state from 1970 to 1991. Multi-party elections have been held since 1992, although a democratically elected government was ousted in the 1997 Republic of the Congo Civil War and President Denis Sassou Nguesso has ruled for 26 of the past 36 years.