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Import ratio, in economics and government finance, is the ratio of total imports of a country to that country’s total foreign exchange (FX) reserves. [1] The ratio can be inverted and is referred to as the reserves to imports ratio. This ratio divides a country's average foreign exchange reserve by a country's average monthly level of imports ...
Terms of trade (TOT) is a measure of how much imports an economy can get for a unit of exported goods. For example, if an economy is only exporting apples and only importing oranges, then the terms of trade are simply the price of apples divided by the price of oranges — in other words, how many oranges can be obtained for a unit of apples.
During this time, the Bureau's Division of Price and Index Number Research began research on the feasibility of producing import and export price indexes. The IPP was a result of this research and was established as an ongoing program in 1971. The IPP produced its first annual international price indexes in 1973.
Terms of trade; This is a list of countries by imports, ... List of U.S. states and territories by exports and imports; Business and economics portal; Notes
The exact definition of imports in national accounts includes and excludes specific "borderline" cases. [10] Importation is the action of buying or acquiring products or services from another country or another market other than own.
OECD (Organisation for Economic Cooperation and Development) 29.11%: 29.36%: 58.47%: 0.99: 2023: Notes: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. Exports of goods and services represent the value of all goods and other market services provided to the rest of the ...
The openness Index is an economic metric calculated as the ratio of a country's total trade, the sum of exports plus imports, to the country's gross domestic product. [1] = (Exports + Imports)/(Gross Domestic Product) [2]
In economics, the "J curve" is the time path of a country’s trade balance following a devaluation or depreciation of its currency, under a certain set of assumptions. A devalued currency means imports are more expensive, and on the assumption that the volumes of imports and exports change little at first, this causes a fall in the current ...