Learning can be easier with EX - Library.

Explore our newest feature, a reliable informational resource you've been looking for!
Join |
< Back to questions :: Q&A / Import / Base Metals and Articles of Base Metals

Marginal Propensity To Import

Base Metals and Articles of Base Metals
From Indonesia
To Malaysia
246 views / 0 experts
Raymond Y.
Sep 30, 2021

What Is Marginal Propensity To Import (MPM)?

1 answer

David W.
Sep 30, 2021

The marginal propensity to import (MPM) is the change in imports induced by a change in disposable income.
The idea is that rising income for businesses and households spurs greater demand for goods from abroad and vice versa.
Nations that consume more imports as their population's income increases have a significant impact on global trade.
Developed economies with sufficient natural resources within their borders typically have a lower MPM than developing countries without these resources.

read more

Top Rated Experts

Raymond Yang
Raymond Y.
Leon Lacroix
Leon L.
Amber Stellingwerf
Amber S.
This website uses cookies. By using this website, you consent to our use of these cookies