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.
Search Results
Conclusion
31 Dec 2011
RDP
2011-08
Although the associated rise in spending has been a benefit to the Australian economy, it has also led to pressure on the price of non-tradables, and a large increase in ... spill over into further changes in input and non-tradable prices.
https://www.rba.gov.au/publications/rdp/2011/2011-08/conclusion.html
The Effect of the Mining Boom on the Broader Economy
31 Dec 2011
RDP
2011-08
Assuming tradable prices are fixed at global prices, this increase in demand raises the relative price of non-tradables to tradables (i.e. ... Hence, while domestic production of other tradables is lower (due to the factor transfer effect), the final
https://www.rba.gov.au/publications/rdp/2011/2011-08/effect-mining-boom.html