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Import bias |
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Import bias1. Any bias in favor of importing. 2. Applied to growth, it tends to mean a bias against importing, and against trading more generally. Thus growth that is based disproportionately on accumulation of the factor used intensively in the import-competing industry and/or technological progress favoring that industry.Similar MatchesImport substitution development strategyImport substitution development strategyA development strategy followed by many Latin American countries and other LDCs that emphasize import substitution-accomplished through protectionism-as the route to economic growth. Import licenseImport licenseThe license to import under an import quota or under exchange controls. Minimum import priceMinimum import priceSee minimum price system. Marginal propensity to importMarginal propensity to importThe fraction of a change in income (or perhaps disposable income) spent on imports. Contrasts with average propensity to import. Import substituteImport substituteA good produced on the domestic market that competes with imports, either as a perfect substitute or as a differentiated product. Further SuggestionsImport price indexImport substituting industrialization Export import Bank (Ex IM Bank) Import relief Import surveillance Import surcharge Import Quota Import elasticity Import quota Parallel import Import licensing Import penetration Import-competing Import demand elasticity Imports Import propensity Import protection Import-weighted average tariff Voluntary import expansion Sole importing agency Import substitution Import authorization Average propensity to import Basic import price Dutiable imports |
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