Exact(13)
Roberta Feuerstein, a sales associate with Shawn Elliott, said that in the Dix Hills and Melville area in Suffolk County, just over the Nassau border, prices have come down about 10percentt.
The latter are understood to be close to West European border prices.
Border prices are, in turn, determined by international trade.
When other countries liberalize their trade policies, this will affect border prices of the first country's imports and exports.
Should the output be valued at domestic prices or border prices?
Border prices (free world market prices) are used to value inputs and outputs.
Similar(47)
The border price on Wednesday was the lowest since June 1997.
Later, after the border price rose, the company increased shipping to take advantage of the better returns, they contend.
Importantly, border price and domestic production cost should be equal to an 'ideal' competitive market.
It is important to note that the estimate is highly sensitive to the import border price.
For traded goods, the reference price is calculated based on the export or import border price, for nontraded products, production cost forms the basis.
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