World Price

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World Price

A price for a good or service in all countries other than one's own. The world price influences international trade. Barring any trade barriers, a country exports goods and services with local prices lower than the world price. On the other hand, it imports goods and services with higher local prices than the world price.
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The UAE imports most of its consumer goods including food, and the world prices of these goods have a direct impact on inflation.
This cushions the effect of sudden rises in price, but it also means that it takes time for falls in world prices to come through.
I know that world prices have been tumbling and that power suppliers and fuel companies are passing on some of those savings to customers.
The current situation on the world commodity markets and the adjusted forecasts of international organizations concerning the world prices on the main export goods will be taken into account.
dairy costs are higher than world prices, signaling that imports will increase.
Inflation growth was caused by influence of abrupt growth of US dollar exchange rate against som on domestic prices and raise of world prices for some food products," the National Bank said.
2 halalas, based on the reduced price of fuel provided by the state, which is far less than fuel world prices.
Four months ago, Columbia economist Joseph Stiglitz wrote a scathing op-ed piece in the New York Times about the recent farm bill in which he argued in part that the bill, by financially supporting farmers, would lead to overproduction, a reduction of world food prices, and the "dumping" of cheap crops in developing countries where poor, local farmers cannot compete with low world prices.
He emphasized that it is important to increase productions and raise the prices in line with world prices, pointing out that popular pressures are mounting on the government to alert Yemen's gas prices in line with the world prices.
He denied that the province had sold oil in low prices outside the world prices, stressing that the operations of digging out and exporting of the region-s oil are going on in a transparent manner .
But there was a small hint that Miliband might be flexible if world prices jumped.
Positive growth in livestock and livestock products earnings has been helped by higher world prices for dairy products and lamb, and the depreciation of the Australian dollar.

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