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Scotch is Britain's fifth largest export industry, with about 90percentt of production consumed abroad.
In contrast, products of the basic-materials, industrial and technology companies in the table below are mostly consumed abroad.
If much of the output of the domestic good is consumed domestically, while much of the output of the imported good is consumed abroad, it would be reasonable to expect that the elasticity ϕ q would be relatively large (perhaps nearing one), while the elasticity ϕ y would be relatively small.
Did you know the majority of the drugs produced in Colombia are distributed and consumed abroad?
Similar(56)
The first is to protect its nuclear-power industry both at home, where it produces most of the electricity consumed, and abroad, where the French are strong contenders.
It gives them freedom to make money, consume, travel abroad, drive foreign cars and listen to any music they like.
But Argentina mainly consumed technology from abroad rather than inventing its own.Technological innovation needs not only educated people but access to money.
Also, the White House is focused on its economic message — when it is not consumed by events abroad — and likewise has little interest in distracting from that before the 2012 election season, aides say.
They are consumed by causes abroad and removed from politics at home, they feel righteous as well as confused, and alternate between gratitude and resentment toward the world outside their classrooms.
It is to be consumed by causes abroad and removed from politics at home, to feel righteous and also confused, to alternate between gratitude and resentment toward the world outside their classrooms.
On average, 26%% of the total cost of treatment abroad was consumed by direct medical costs, which were markedly higher among patients funded by the government (p value < 0.001).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com