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Export Parity Price or EPP is defined as, "The price that a producer gets or can expect to get for its product if exported, equal to the Freight on Board price minus the costs of getting the product from the farm or factory to the border.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
The Export Price Index (EPI) tracks changes in the price which firms and countries receive for products they export. Increases in the EPI are typically due to strong foreign demand or higher internal costs within the exporter’s country. Generally, only increases caused by strong foreign demand are beneficial.
In export-led growth (such as oil and early industrial goods), the balance of trade will shift towards exports during an economic expansion. [ citation needed ] However, with domestic demand-led growth (as in the United States and Australia) the trade balance will shift towards imports at the same stage in the business cycle.
An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an exporter ; the foreign buyers is an importer . [ 1 ]
Economists commonly use the term recession to mean either a period of two successive calendar quarters each having negative growth [clarification needed] of real gross domestic product [1] [2] [3] —that is, of the total amount of goods and services produced within a country—or that provided by the National Bureau of Economic Research (NBER): "...a significant decline in economic activity ...
Export performance is the relative success or failure of the efforts of a firm or nation to sell domestically-produced goods and services in other nations. Export performance can be described in objective terms such as sales , profits , or marketing measures or by subjective measures such as distributor or customer satisfaction.
Market capitalization, the market value of a publicly traded company's outstanding shares; Capital (economics), durable produced goods that are in turn used as productive inputs for further production; Capital expenditure, the money spent to buy, maintain, or improve fixed assets; Financial capital, any economic resource measured in terms of money