Imports


 

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Imports

The quantity or value of all that is imported into a country.



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Elasticity of demand for imports

Elasticity of demand for imports

This is normally the price elasticity of demand for imports of a country, either for a single industry or for the aggregate of all imports. The latter plays a critical role in determining how the country's balance of trade responds to the exchange rate. See Marshall-Lerner condition.


Dutiable imports

Dutiable imports

Imports on which a positive duty, or tariff, is levied. (The term seems like it ought to include imports on which the duty is zero but which a government is somehow free, or able, to levy a positive duty. That does not seem to be the way the term is used, however.)




 
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