Which of the following best describes the term ‘import cover,’ sometimes seen in the news?

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CollectorBabu · Accepted Answer

Correct Answer: It is the number of months of imports that could be paid for by a country’s international reserves. Import cover of reserves is a traditional trade-based indicator of reserve adequacy. It is defined in terms of the number of months of import equivalent to reserves.

Which of the following best describes the term ‘import cover,’ sometimes seen in the news?

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