export-led growth

an expansion of the economy with EXPORTS serving as a ‘leading sector’. As exports rise, they inject additional income into the domestic economy and increase total demand for domestically produced output (see EXPORT MULTIPLIER). Equally importantly, the increase in exports enables a higher level of import absorption to be accommodated so that there is no BALANCE OF PAYMENTS constraint on the achievement of sustained ECONOMIC GROWTH. See CIRCULAR FLOW OF NATIONAL INCOME MODEL.

单词	export-led growth
释义	export-led growth export-led growth an expansion of the economy with EXPORTS serving as a ‘leading sector’. As exports rise, they inject additional income into the domestic economy and increase total demand for domestically produced output (see EXPORT MULTIPLIER). Equally importantly, the increase in exports enables a higher level of import absorption to be accommodated so that there is no BALANCE OF PAYMENTS constraint on the achievement of sustained ECONOMIC GROWTH. See CIRCULAR FLOW OF NATIONAL INCOME MODEL. AcronymsSeeELG
随便看	digitellum digit emitter digiterati digit filter digitgrade locomotion digiti digiti- digitiform digitigrade digitigrade locomotion digitigradely digitigrade mammal digitigradism digiti hippocratici dig it in digitin digitinervate digitip digitipartite digitipinnate digiti quinti digiti quinti varus digitisation digitise digitised