Example sentences of "[noun sg] of demand for imports " in BNC.
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| 1 | The average income elasticity of demand for imports was of the order of 1.5 to 2.0 between the late 1950s and the early 1970s , but this obscures quite wide variations between goods and there are strong grounds for believing that in expansionary phases the ratio rose to as high as 5.0 or 6.0 ; and even the average for manufactured goods was just over 3.0 [ Eltis , 1979 ] . |
| 2 | An income elasticity of demand for imports which was higher than the corresponding change in foreign demand for British goods imposed a serious balance of payments constraint because of the requirement to maintain a fixed exchange rate . |
| 3 | In practice , however , the elasticity of demand for imports and exports may not be of an appropriate value or else it may take considerable time before such automatic forces become effective . |
| 4 | These rising import prices will tend to feed back into domestic prices , especially if imports are a large proportion of GDP and the elasticity of demand for imports is low . |
| 5 | Adjustment can now come about automatically via the exchange rate , although the success of this mechanism depends upon the elasticity of demand for imports and exports as far as the current account is concerned , and on the stability of capital flows for an overall balance of payments . |
| 6 | of a much more basic malaise and structural phenomenon , namely the inability of the marketable output ( largely industrial ) sector to grow as fast as productivity growth without the economy coming up against a balance of payments constraint , due to a high U.K. income elasticity of demand for imports , coupled with a much lower world income elasticity of demand for U.K exports . |