Import Absorption

Import Absorption

In macroeconomics, the aggregate demand for imports in an economy by all economic actors. It is calculated as part of the total absorption.
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Johnson (1967) originally claimed that aid is unambiguously preferable to import absorption as a way to increase national income in a developing country.
Japan, whose import absorption has varied far less than Europe's, is not a member of any substantial regional trade blocs but has increased its commerce significantly with its East Asian neighbors.
Hong Kong's external demand for the rest of the year may continue to be held back by weak import absorption in industrialized economies such as the United States, Europe and Japan, and by the more severe economic setback within East Asia, Tang added.
The Japanese automotive principal has agreed to provide financial assistance and to increase the import absorption of components produced by the local partners in Indonesia.
Externally, recovery in demand in Japan and other East Asian economies, as well as sustained import absorption in the United States, supported Hong Kong's export performance, the spokesman said.