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Balance of trade is the difference between the monetary value of a nation's exports and imports of goods over a certain time period. [1] Sometimes services are also considered but the official IMF definition only considers goods. The balance of trade measures a flow variable of exports and imports over a given period of time. The notion of the ...
At a 2011 Makassar Indonesian Chamber of Commerce and Industry (Kadin) meeting, Disadvantaged Regions Minister said there are 184 regencies classified as disadvantaged areas, with around 120 in eastern Indonesia. [187] 1% of Indonesia's population has 49.3% of the country's $1.8 trillion wealth, down from 53.5%. However, it is ranked fourth ...
Based on Presidential Decree No. 11/2022, [2] and as expanded by Ministry of Trade Decree No. 29/2022, the Ministry of Trade is organized into the following: Office of the Minister of Trade; Office of the Deputy Minister of Trade; Office of the General Secretariat Bureau of Planning; Bureau of Organization and Human Resources; Bureau of Finance
World map by current account balance (% of GDP), 2023, according to World Bank [1]. This is the list of countries by current account balance, expressed in current U.S. dollars and as percentage of GDP, based on the data published by World Bank, United Nations Conference on Trade and Development and Organisation for Economic Co-operation and Development.
Supply chain surplus is the value addition by supply chain function of an organisation. It is calculated by the following formula: It is calculated by the following formula: Supply chain surplus = Revenue generated from a customer - Total cost incurred to produce and deliver the product .
President Joko Widodo attends the Awards Ceremony of the 2022 Mandalika MotoGP. 1 March – Massive flood sweep Serang, affecting 3,500 people and killing 5. [32] 2 March – Armed groups attack workers in Papua, killing 8. [33] 3 March – A total of 80 Indonesians and 3 foreigners arrive in Indonesia following massive evacuation from Ukraine ...
Producer surplus is usually expressed by the area below the market price line and above the supply curve. In Figure 1, the shaded areas below the price line and above the supply curve between production zero and maximum output Q 1 indicate producer surplus. Among them, OP 1 EQ 1 below the price line. This indicates that the total revenue is the ...
Vent for surplus is a theory that was formulated by Adam Smith and later revised by Hla Myint on his thesis of South East Asia. The theory states that when a country produces more than it can consume, it produces a surplus. This underutilization causes an inward movement on the production possibilities frontier.