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Trade in Value Added

Ceramic Products
From United Arab Emirates
To Australia
265 views / 0 experts
Kerim A.
Oct 18, 2021

What Is Trade in Value Added?

1 answer

Jasmine G.
Oct 18, 2021

Trade in Value Added (TiVA) is a statistical method used to estimate the sources of value added when producing goods and services for export and import.
The Trade in Value Added (TiVA) statistical method considers the value added by each country in the production of goods and services that are consumed worldwide.
The TiVA method eliminates the double or multiple counting problem prevalent in traditional trade statistics.
The OECD analyzes trade policy, investment policy, and a host of other policy measures to assist countries in accounting for global supply chain value systems.

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