price elasticity of import and export

简明释义

进出口价格弹性

英英释义

例句

1.The price elasticity of import and export affects how countries respond to global economic changes.

国家对全球经济变化的反应受进口和出口的价格弹性的影响。

2.A study on the price elasticity of import and export showed that demand for luxury goods is less elastic than for basic necessities.

关于进口和出口的价格弹性的研究表明，奢侈品的需求比基本必需品的需求更不具弹性。

3.The government is analyzing the price elasticity of import and export to determine how tariffs will affect trade volumes.

政府正在分析进口和出口的价格弹性以确定关税将如何影响贸易量。

4.Analysts are using the price elasticity of import and export to forecast the impact of currency fluctuations on trade.

分析师正在利用进口和出口的价格弹性来预测货币波动对贸易的影响。

5.Understanding the price elasticity of import and export can help businesses set competitive prices in international markets.

理解进口和出口的价格弹性可以帮助企业在国际市场上设定具有竞争力的价格。

作文

Understanding the concept of price elasticity of import and export is crucial for economists, policymakers, and businesses alike. Price elasticity refers to the responsiveness of the quantity demanded or supplied of a good or service to changes in its price. In the context of international trade, price elasticity of import and export specifically examines how sensitive the demand for imports and exports is to changes in their prices. A high price elasticity indicates that consumers and businesses will significantly change their purchasing behavior in response to price fluctuations, while a low price elasticity suggests that demand is relatively stable despite price changes.When considering imports, a product with high price elasticity of import and export means that if the price of that imported good increases, consumers will likely seek alternatives or substitute products, leading to a substantial decrease in the quantity imported. For instance, if the price of imported electronics rises sharply, consumers may turn to domestic products or alternative brands, resulting in a noticeable drop in import volumes. Conversely, if the price decreases, demand may increase significantly as consumers take advantage of lower prices.On the other hand, exports can also be affected by price elasticity of import and export. If a country exports goods that have high price elasticity, any increase in the price of those goods can lead to a significant decline in demand from foreign buyers. For example, if a country exports agricultural products and the prices rise due to poor harvests, international buyers may reduce their orders or switch to cheaper sources, negatively impacting the exporting country's economy.Understanding the price elasticity of import and export is essential for governments when formulating trade policies. Policymakers need to consider how tariffs, quotas, and trade agreements will influence the prices of imports and exports. If they impose tariffs on imported goods, for instance, they must anticipate how this will affect the demand for those goods based on their price elasticity. If demand is highly elastic, the imposition of tariffs could lead to a significant decline in import volumes, which might not only affect consumer choice but also impact domestic industries reliant on those imports.For businesses, knowledge of price elasticity of import and export can inform pricing strategies and market entry decisions. Companies that export products should analyze the price sensitivity of their target markets. If they identify that their products are highly elastic, they may choose to adopt competitive pricing strategies to maintain or grow their market share. Similarly, importers can benefit from understanding how changes in global prices will affect their sales and inventory management.In conclusion, the price elasticity of import and export is a vital economic principle that affects international trade dynamics. By comprehensively analyzing how demand responds to price changes, stakeholders can make informed decisions that enhance economic stability and growth. Whether it’s through government policy or corporate strategy, recognizing the implications of price elasticity can lead to better outcomes in the complex world of global trade.

理解进口和出口的价格弹性这一概念对于经济学家、政策制定者和企业来说至关重要。价格弹性指的是对商品或服务价格变化的需求量或供应量的反应程度。在国际贸易的背景下，进口和出口的价格弹性特别考察了对进口和出口商品价格变化的需求敏感性。高价格弹性意味着消费者和企业在面对价格波动时会显著改变他们的购买行为，而低价格弹性则表明尽管价格发生变化，需求相对稳定。考虑到进口时，具有高进口和出口的价格弹性的产品意味着如果该进口商品的价格上涨，消费者可能会寻找替代品或替代产品，从而导致进口数量显著减少。例如，如果进口电子产品的价格急剧上涨，消费者可能会转向国内产品或其他品牌，导致进口量明显下降。相反，如果价格下降，需求可能会显著增加，因为消费者会利用较低的价格。另一方面，出口也可能受到进口和出口的价格弹性的影响。如果一个国家出口的商品具有高价格弹性，那么这些商品价格的任何上涨都可能导致外国买家的需求显著下降。例如，如果一个国家出口农业产品，而由于歉收导致价格上涨，国际买家可能会减少订单或转向更便宜的来源，从而对出口国的经济产生负面影响。了解进口和出口的价格弹性对政府在制定贸易政策时至关重要。政策制定者需要考虑关税、配额和贸易协议将如何影响进口和出口的价格。如果他们对进口商品征收关税，他们必须预见到这将基于价格弹性影响对这些商品的需求。如果需求高度弹性，征收关税可能会导致进口量显著下降，这不仅会影响消费者选择，还会影响依赖这些进口的国内产业。对于企业来说，了解进口和出口的价格弹性可以为定价策略和市场进入决策提供信息。出口产品的公司应该分析目标市场的价格敏感性。如果他们发现自己的产品高度弹性，他们可能会选择采用竞争性定价策略来维持或扩大市场份额。同样，进口商也可以通过理解全球价格变化将如何影响他们的销售和库存管理而受益。总之，进口和出口的价格弹性是影响国际贸易动态的重要经济原则。通过全面分析需求如何对价格变化做出反应，利益相关者可以做出更明智的决策，从而增强经济稳定性和增长。无论是通过政府政策还是企业战略，认识到价格弹性的影响都可以在复杂的全球贸易世界中带来更好的结果。