Foreign trade in the world between 2000 and 2014 and the long-term trends. | ||
| Iraqi Journal For Economic Sciences | ||
| Article 1, Volume 0, Issue 49, October 2017, Pages 1-6 | ||
| Author | ||
| Dr. Ahmed Abrihi Ali | ||
| Abstract | ||
| Before processing the data useful to recall that the commodity exports reflection of the possibility of macro-economic of the country concerned, international competitiveness, and this depends on the productivity of labor appointed by the technology and regulatory frameworks on the one hand, and on wages and prices of local inputs for exported goods from the other. Usually measured by opening up trade exports (Ooalastairadat) to GDP and final measure of national productivity of possibility. And imports explains the change, usually, the national income and Osaralmistordat. GDP earliest expression of the national income, while the intended prices of imports is the water level to the general level of prices at home, having translated at the exchange rate to the local currency, and this angle affects the exchange rate, the imports and exports, it can raise prices lowered relative imports (exports) to support international competitiveness or weaken the ability. That's why the pressure on China to revalue its currency in order to make imports cheap and exports expensive Vttraja their international competitiveness and external balance surplus shrink. | ||
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