-- Promising tangible goods in advance devalues the reward.
"But it is not linked to the production of tangible goods," he added.
However, this only applies to tangible goods, such as books, CDs or clothing.
He said factories are needed for reasons beyond the tangible goods they produce.
They have modest operating costs because they don't usually manufacture tangible goods or hold inventory.
When it comes to tangible goods, Israel sells China irrigation systems, high-tech products and telecommunications equipment.
I am paying for Grandma's doctor visit, the salary of the bailiff at the courthouse and other tangible goods.
Tangible goods such as mugs, as opposed to abstract goods such as vouchers for mugs, probably are too.
The early trade agreements were largely directed toward tangible goods such as agricultural products, processed foods, steel, and automobiles.
But the truth is, value can come as much from intangible pleasures as it can from tangible goods.
Visitors can often reclaim taxes paid for accommodation and tangible goods, defined as items taken out of the country.
