21 Übersetzungen
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Anwendungsbeispiele Englisch
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- Ultimately a successful moral suasion campaign which reduces import penetration significantly can be seen as a tax on imports with the potential to increase unemployment in the import sector as a result of decreasing demand for imports.
- Thirlwall (1979) shows that for several countries the rate of growth never exceeds the ratio of the rate of growth of exports to income elasticity of demand for imports.
- All of these factors contribute to higher prices of food and an increased demand for imports, which hurts the general economy as well as individual livelihoods.
- Thirlwall's law (named after Anthony Thirlwall) states that if long run balance of payments equilibrium on current account is a requirement, and the real exchange rate stays relatively constant, then the long run growth of a country can be approximated by the ratio of the growth of exports to the income elasticity of demand for imports (Thirlwall, 1979).
- Perhaps his most notable contribution has been to show that if long-run balance of payments equilibrium is a requirement for a country, its growth of national income can be approximated by the ratio of the growth of exports to the income elasticity of demand for imports (Thirlwall's Law).
- The effect of a TRQ on trade is contingent on domestic demand for imports.
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