Classification of Government Expenditure

Classification of Government Expenditure

There are two major parts in public finance: revenue and government expenditure. Government expenditure is normally used to raise the aggregate demand in a country, improve income distribution, ensure economic stability as well as accelerating economic growth. Government expenditure can be classified into various categories with the major one being, current expenditure, capital expenditure and …

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Direct Exporting

Direct Exporting

Exporting in the current global marketplace has become essential. For many companies exporting is a critical part of their marketing plan. However, exporting products to international market costs a lot of money especially when middlemen are involved. Therefore, it is important for firms to decide when it is feasible to begin exporting. Direct exporting requires …

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