Search: tradables
RBA Glossary definition for tradables
tradables – Tradable items are things whose prices are largely determined on the world market like oil, motor vehicles and clothing. As such, the prices of tradable items are heavily influenced by exchange rate movements. By comparison, non-tradables refers to things that are not readily exported or imported, like medical services, housing and haircuts. As such, their prices are largely determined domestically.
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Macroeconomic Volatility and Terms of Trade Shocks
15 Oct 2009
RDP
PDF
268KB
most direct effects on the tradable sector of an economy (Beck, Lundberg and Majnoni 2006).
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-05.pdf