2016
DOI: 10.12803/sjseco.51007
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The Demand for Imports in South Africa: An Exploratory Review

Abstract: This paper looks at the effects of historical trade policy reforms and other determinants in South Africa over the period 1995-2012. We discovered that over the reported period, the demand for imports in South Africa had been increasing with only a few downturns in between. South Africa's merchandise imports are dominated by manufactured imports; and they accounted for more than half of the total merchandise imports over the reported period. One of the key contributors towards the improved performance of impor… Show more

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“…The price gap of a commodity in the domestic market with the international market will also determine the value of export transactions, where producers will make decisions based on a higher profit motive. Besides, exports arise as a result of differences in demand for a commodity between countries due to differences in tastes and income (Vacu & Odhiambo, 2017 ;Bakari et al, 2018) . In this case, differences in tastes in agricultural commodities, trade, industry, and services encourage trade transactions.…”
Section: Introductionmentioning
confidence: 99%
“…The price gap of a commodity in the domestic market with the international market will also determine the value of export transactions, where producers will make decisions based on a higher profit motive. Besides, exports arise as a result of differences in demand for a commodity between countries due to differences in tastes and income (Vacu & Odhiambo, 2017 ;Bakari et al, 2018) . In this case, differences in tastes in agricultural commodities, trade, industry, and services encourage trade transactions.…”
Section: Introductionmentioning
confidence: 99%