42 relations: Absorption (economics), Balance of trade, Border, Canada, Consumer, Customs, Demand, Direct imports, Domestic market, Eurostat, Exchange rate, Export, Export function, Financial transaction, Food and Agriculture Organization Corporate Statistical Database, Goods and services, Import quota, Importation right, Income, International trade, List of countries by imports, Macroeconomics, Manufacturing, Marginalism, National accounts, OECD, Oxford University Press, Petroleum, Prentice Hall, Price, Rakesh Mohan Joshi, Supply (economics), Supply chain, Tariff, Trade agreement, United States, Upper Saddle River, New Jersey, Value added, Walmart, Willingness to pay, World economy, World Integrated Trade Solution.
In economics, absorption is the total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves.
The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain period.
Borders are geographic boundaries of political entities or legal jurisdictions, such as governments, sovereign states, federated states, and other subnational entities.
Canada is a country located in the northern part of North America.
A consumer is a person or organization that use economic services or commodities.
Customs is an authority or agency in a country responsible for collecting tariffs and for controlling the flow of goods, including animals, transports, personal, and hazardous items, into and out of a country.
In economics, demand is the quantities of a commodity or a service that people are willing and able to buy at various prices, over a given period of time.
Direct Imports are products imported directly into a country and not through the manufacturer's authorized agent/distributor.
A domestic market, also referred to as an internal market or domestic trading, is the supply and demand of goods, services, and securities within a single country.
Eurostat is a Directorate-General of the European Commission located in Luxembourg.
In finance, an exchange rate is the rate at which one currency will be exchanged for another.
The term export means sending of goods or services produced in one country to another country.
The Export function is an idea used in economic theories to measure exports.
A financial transaction is an agreement, or communication, carried out between a buyer and a seller to exchange an asset for payment.
The Food and Agriculture Organization Corporate Statistical Database (FAOSTAT) website disseminates statistical data collected and maintained by the Food and Agriculture Organization (FAO).
Goods are items that are tangible, such as pens, salt, apples, oganesson, and hats.
An import quota is a type of trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time.
An importation right is the legal ability to import a product into a certain country.
Income is the consumption and savings opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms.
International trade is the exchange of capital, goods, and services across international borders or territories.
This is a list of countries by merchandise imports, based on The World Factbook of the CIA.
Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole.
Manufacturing is the production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation.
Marginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility.
National accounts or national account systems (NAS) are the implementation of complete and consistent accounting techniques for measuring the economic activity of a nation.
The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 35 member countries, founded in 1961 to stimulate economic progress and world trade.
Oxford University Press (OUP) is the largest university press in the world, and the second oldest after Cambridge University Press.
Petroleum is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface.
Prentice Hall is a major educational publisher owned by Pearson plc.
In ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.
Rakesh Mohan Joshi is an Indian author, scholar and management expert.
In economics, supply is the amount of something that firms, consumers, labourers, providers of financial assets, or other economic agents are willing to provide to the marketplace.
A supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.
A tariff is a tax on imports or exports between sovereign states.
A trade agreement (also known as trade pact) is a wide ranging taxes, tariff and trade treaty that often includes investment guarantees.
The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.
Upper Saddle River is a borough in Bergen County, New Jersey, United States.
In business, the difference between the sale price and the production cost of a product is the unit profit.
Walmart Inc. (formerly branded as Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores.
Willingness to pay (WTP) is the maximum price at or below which a consumer will definitely buy one unit of a product.
The world economy or global economy is the economy of the world, considered as the international exchange of goods and services that is expressed in monetary units of account (money).
The is a trade software provided by the World Bank for users to query several international trade databases.