Abstract

FONSECA, João Carlos. New indicators for international trade. Economia Global e Gestão [online]. 2011, vol.16, n.2, pp.123-134. ISSN 0873-7444.

At the international level, to ascertain the export capacity of a country and its openness to the outside is generally used the value of exports and the sum of these with imports relative to Gross Domestic Product. However, when relating the values of imports measured at basic prices and exports measured at purchasers’ prices with the added value of an economy, the indicators are suffering from an internal inconsistency and therefore do not accurately reflect the export capacity and the degree of openness of an economy to the outside. Analysing a set of 28 countries, this paper puts forward new indicators that reflect a true and fair view of the position of each country in international trade.

Keywords : International Trade; National Accounts; Indicators.

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