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Importance of Imported Goods in UK

University: UKBC College London

  • Unit No: 4
  • Level: Ph.D./Doctorate
  • Pages: 10
  • Words: 2500
  • Paper Type: Ph.D. Thesis
  • Course Code:

    JNB508

  • Country: UK
  • Downloads: 0
Question :

Analysis of the importance of imported goods and primary and secondary research on the same.

  • Aim of research on the importance of imported goods in the UK form India, china and various countries.
  • Research objective of importance of imported goods in UK form India, china and various countries.
  • Research question on importance of imported goods in UK form India, china and various countries.
  • Analysis of methods of research on importance of imported goods in UK form India, china and various countries. 
Answer :

INTRODUCTION

Overview of the Research

Import can be considered as a vast concept which plays effective role in transferring goods and services form one country to another. Import is also consist as an effective part of international trade as it helps in creating value in satisfying the needs of people through importing goods and services which are essential for fulfilling the basic desires of people at market place. Countries are concern on import goods and services which are not produced by domestic industries (Baldwin, 2011). Cloths are considered as the primary need of individual which are needs to be fulfilled by countries through exporting variety of raw material and cloths form various countries. The major purpose of a country is to reducing the rate of import as to developing the economical condition which create value in attaining higher competitive edge at market place. There are several reason behind import of goods and services. It is essential to note that most of the countries are not completely self sufficient or independent so it is important for countries to take help from another countries as to satisfying their needs and wants through providing variety of goods and services by the procedure of import and export.

Background of the Study

Internation trade is considered as a global trade where countries can exchange goods, services and raw material outside of the boundary. Internation trade among various countries is an essential aspect which create value in rising the standard of living, providing employment and enabling people to enjoy wide range of products and services which are helpful in satisfying the needs and wants of people at market area. Import s considered as an issue for country as higher amount of import decrease the profitability of country. In clothing and fashion world United Kingdom has many importer in garments and clothing sector (Baldwin, 2012). The major importer of clothes in UK are India, China, Turkey, Bangladesh etc. UK is concern on buying different kind of cloth from different places as to satisfying the needs of people in UK. The import rate of cloth in UK is high as the country importing variety of cloth products from various neighbour countries.


(Source: Import Value of Clothing in the United Kingdom, 2018)

The statistics represents the import value of apparel and clothing in to the united Kingdom in 2016through continent of origin. The statistic represents the approximately 61 million British Pounds worth of clothing was imported in to the United Kingdom from Eastern Europe.

Research Aim

This can be considered as the most essential part of research investigation the whole study of research is based on the issue which are defined in the aim of research project. It is the prior responsibility of researcher to create a clear and concise aim in order to analysing all the variables in effective manner so that issue of research can be overcome in effective manner (Bulut and Lane, 2011). The essential aim of this particular research is “To analyse the importance of imported clothes in UK from India , China , Bangladesh , Turkey and its impact on suppliers and regulatory bodies”.

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Research Objectives

This is also another effective part of research project as section of research in interlinked with the aim. Objectives are available in the form of small statements in which available variables are defined in clear manner. Predetermined objectives helps the investigator in carry out the whole research activities in systematic manner as to reaching at final result and outcome. The essential objectives of this particular research are described as under:

  • To review the demand of clothes in UK from India , China , Bangladesh , Turkey.
  • To determine the factors that affect the cloths' import in UK.
  • To identify the roles of suppliers, regulatory bodies such as tax and sales tax department in imported cloths in UK.

Research Questions

A research question is described as an effective part of investigation as it consist to be an answerable inquiry which is based on some specific issues. It is the fundamental stage in research project which provides a significant direction to the researcher to implement all its operations in well planned and systematic manner (Eckes, 2011). This section of research helps in conducting the part of literature review in effective manner through comparing the opinion of various writers and authors. The essential research questions are described as below:

  • How to review the demand of clothes in UK from India , China , Bangladesh , Turkey?
  • What are the major factors that affect the cloths' import in UK?
  • What are the essential roles of suppliers, regulatory bodies such as tax and sales tax department in imported cloths in UK?

Preliminary Literature Review

This section of research is effective in conducting an in-depth research as to reaching at final result and outcome. It is effective to conduct an analysis of the past information and literature that are extracted through secondary sources. In this section of research past research project that are related to the similar area of study are effective in accumulating appropriate data and information for reaching at appropriate outcome. This section provides a way to investigator through evaluation of relevant information on a specified field. This section of research is based on research question which are defining the major issues of research in appropriate manner. In this section research gather data and information through secondary source of data and information through books, journals an online sites (Gereffi, Frederick and Gereffi, 2010).

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