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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 reliefImport reliefUsually refers to some form of restraint of imports in a particular sector in order to assist domestic producers, and with the connotation that these producers have been suffering from the competition with imports. If done formally under existing statutes, it is administered protection, but it may also be done informally using a VER. Import QuotaImport QuotaPuts limits on the quantity of certain products that can be legally imported into a particular country during a particular time frame. There is a Fixed quota, which is a maximum quantity not to be exceeded, and tariff rate surcharge, which permits additional quantities but at much higher duty. Import substitutionImport substitutionA strategy for economic development that replaces imports with domestic production. It may be motivated by the infant industry argument, or simply by the desire to mimic the industrial structure of advanced countries. Contrasts with export promotion. Import licenseImport licenseThe license to import under an import quota or under exchange controls. Import quotaImport quotaSee quota. Further SuggestionsImportImport-competing Import elasticity Export import Bank (Ex IM Bank) Imports Sole importing agency Average propensity to import Import surcharge Import-weighted average tariff Marginal propensity to import Import price index Import substituting industrialization Parallel import Import protection Basic import price Import demand elasticity Import substitution development strategy Elasticity of demand for imports Dutiable imports Import penetration Import authorization Import propensity Minimum import price Import substitute Voluntary import expansion |
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