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单词 non-tradables
释义 non-tradables

Goods and services which cannot be traded internationally. There is no direct motive for making the prices of non-tradables in different countries equal. Given that both have tradable substitutes, however, there is an indirect connection between their prices. Even goods which are very expensive or impossible to transport can still be consumed by tourists and by people visiting a country for medical treatment or education, so it is hard to say that any good is completely non-tradable; whether goods are tradables or non-tradables is a matter of degree.

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更新时间:2025/1/22 15:41:09